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	<title>Comments on: After all we&#8217;ve done for them&#8230;</title>
	<atom:link href="http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/feed/" rel="self" type="application/rss+xml" />
	<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/</link>
	<description>\&#34;...a somewhat popular blogger\&#34;</description>
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		<title>By: makeitstop</title>
		<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11792</link>
		<dc:creator>makeitstop</dc:creator>
		<pubDate>Wed, 02 Jul 2008 16:09:22 +0000</pubDate>
		<guid isPermaLink="false">http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11792</guid>
		<description>&lt;p&gt;Would “welcome their new overlords”?  They’ve already crawled on the ground and tongue-shined their shoes for them.  All behind suitable masking devices of course.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Would “welcome their new overlords”?  They’ve already crawled on the ground and tongue-shined their shoes for them.  All behind suitable masking devices of course.</p>
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		<title>By: BillCinSD</title>
		<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11763</link>
		<dc:creator>BillCinSD</dc:creator>
		<pubDate>Tue, 01 Jul 2008 22:51:00 +0000</pubDate>
		<guid isPermaLink="false">http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11763</guid>
		<description>&lt;p&gt;Saudi Arabia is definitely moving toward doing their own refining.  This is one of the major initiatives of King Abdullah, since he took over from Fahd in 2005. currently they are developing their home grown intellectual capacity and building King Abdullah Economic City while finishing the plans for diversifying their economy including doing much more refining in the KSA&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Saudi Arabia is definitely moving toward doing their own refining.  This is one of the major initiatives of King Abdullah, since he took over from Fahd in 2005. currently they are developing their home grown intellectual capacity and building King Abdullah Economic City while finishing the plans for diversifying their economy including doing much more refining in the KSA</p>
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		<title>By: Ruthie</title>
		<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11762</link>
		<dc:creator>Ruthie</dc:creator>
		<pubDate>Tue, 01 Jul 2008 21:09:49 +0000</pubDate>
		<guid isPermaLink="false">http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11762</guid>
		<description>&lt;p&gt;&lt;em&gt;Those stinking bastards! We should just invade them and …um… well… hmm …. um …..&lt;br /&gt;
Phew.&lt;br /&gt;
Oh. Never mind.&lt;br /&gt;
Look! Over there! Someone is dissing McCain!&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;And NOW! that TRAITOR! Barak HUSSEIN! Obama is dissin’ Wes Clark!!! I’m, tellin’ ya, the man HATES! on anyone who wears a uniform!!!&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p><em>Those stinking bastards! We should just invade them and …um… well… hmm …. um …..<br />
Phew.<br />
Oh. Never mind.<br />
Look! Over there! Someone is dissing McCain!</em></p>
<p>And NOW! that TRAITOR! Barak HUSSEIN! Obama is dissin’ Wes Clark!!! I’m, tellin’ ya, the man HATES! on anyone who wears a uniform!!!</p>
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		<title>By: comsympinko</title>
		<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11761</link>
		<dc:creator>comsympinko</dc:creator>
		<pubDate>Tue, 01 Jul 2008 20:42:48 +0000</pubDate>
		<guid isPermaLink="false">http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11761</guid>
		<description>&lt;p&gt;Way OTT but the funniest thing I’ve seen in a long time.&lt;/p&gt;
&lt;p&gt;Joe Cocker’s Woodstock performance…with subtitles.&lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;http://www.newsfromme.com/archives/2008_06_20.html#015428&quot; rel=&quot;nofollow&quot;&gt;http://www.newsfromme.com/arch.....tml#015428&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;Hi-larious.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Way OTT but the funniest thing I’ve seen in a long time.</p>
<p>Joe Cocker’s Woodstock performance…with subtitles.</p>
<p><a href="http://www.newsfromme.com/archives/2008_06_20.html#015428" rel="nofollow">http://www.newsfromme.com/arch&#8230;..tml#015428</a></p>
<p>Hi-larious.</p>
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		<title>By: WilliamOckham</title>
		<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11759</link>
		<dc:creator>WilliamOckham</dc:creator>
		<pubDate>Tue, 01 Jul 2008 20:02:40 +0000</pubDate>
		<guid isPermaLink="false">http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11759</guid>
		<description>&lt;p&gt;What I’ve never understood is why the Iraqis were negotiating with the big oil companies in the first place. The contracts they are offering are oil field service contracts. The companies who can do that are Schlumberger, Baker Hughes and Halliburton (although I understand why they might not want to deal with Halliburton). If any of the majors had gotten those contracts, they would have just turned around and subbed it out to Schlumberger or Baker Hughes anyway.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>What I’ve never understood is why the Iraqis were negotiating with the big oil companies in the first place. The contracts they are offering are oil field service contracts. The companies who can do that are Schlumberger, Baker Hughes and Halliburton (although I understand why they might not want to deal with Halliburton). If any of the majors had gotten those contracts, they would have just turned around and subbed it out to Schlumberger or Baker Hughes anyway.</p>
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		<title>By: MrTentacle</title>
		<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11757</link>
		<dc:creator>MrTentacle</dc:creator>
		<pubDate>Tue, 01 Jul 2008 19:53:52 +0000</pubDate>
		<guid isPermaLink="false">http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11757</guid>
		<description>&lt;p&gt;“As the Iraqis stand up, we’ll stand down.”&lt;/p&gt;
&lt;p&gt;Unless they won’t give us control of their oil, of course…&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>“As the Iraqis stand up, we’ll stand down.”</p>
<p>Unless they won’t give us control of their oil, of course…</p>
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		<title>By: RobHawaii</title>
		<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11756</link>
		<dc:creator>RobHawaii</dc:creator>
		<pubDate>Tue, 01 Jul 2008 17:54:33 +0000</pubDate>
		<guid isPermaLink="false">http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11756</guid>
		<description>&lt;p&gt;“Kick their ass and take their gas” is what freedom’s all about.  What a bunch of ingrates!&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>“Kick their ass and take their gas” is what freedom’s all about.  What a bunch of ingrates!</p>
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		<title>By: cobernicus</title>
		<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11755</link>
		<dc:creator>cobernicus</dc:creator>
		<pubDate>Tue, 01 Jul 2008 17:42:25 +0000</pubDate>
		<guid isPermaLink="false">http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11755</guid>
		<description>&lt;p&gt;Actually oilcos are not a particularly attractive takeover target.  Earlier mergers during price declines were justified on economies of scale.  However, merely on an ROI or return of capital basis other sectors of the economy are more attractive.&lt;/p&gt;
&lt;p&gt;The enormous profits (in absolute terms) are not reflected in the ratios.  As Pres. Hu of China said (in talking about China’s economy: “If you divide any number by 3 billion, you get a small number.”&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Actually oilcos are not a particularly attractive takeover target.  Earlier mergers during price declines were justified on economies of scale.  However, merely on an ROI or return of capital basis other sectors of the economy are more attractive.</p>
<p>The enormous profits (in absolute terms) are not reflected in the ratios.  As Pres. Hu of China said (in talking about China’s economy: “If you divide any number by 3 billion, you get a small number.”</p>
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		<title>By: InnocentBystander</title>
		<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11752</link>
		<dc:creator>InnocentBystander</dc:creator>
		<pubDate>Tue, 01 Jul 2008 16:12:50 +0000</pubDate>
		<guid isPermaLink="false">http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11752</guid>
		<description>&lt;p&gt;I think you’re probably correct.  &lt;/p&gt;
&lt;p&gt;What does surprise me is why Kingdom Holdings hasn’t tried to launch a takeover bid for control of Exxon-Mobil or some other major.  It’s not like they don’t have the money to do it.  I’m sure they’d get lots of positive coverage from NewsCorp and CNN, companies that they have a sizable financial stake in.  Politically, I’m sure the Republicans would welcome their new overlords.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I think you’re probably correct.  </p>
<p>What does surprise me is why Kingdom Holdings hasn’t tried to launch a takeover bid for control of Exxon-Mobil or some other major.  It’s not like they don’t have the money to do it.  I’m sure they’d get lots of positive coverage from NewsCorp and CNN, companies that they have a sizable financial stake in.  Politically, I’m sure the Republicans would welcome their new overlords.</p>
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		<title>By: cobernicus</title>
		<link>http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11751</link>
		<dc:creator>cobernicus</dc:creator>
		<pubDate>Tue, 01 Jul 2008 15:24:33 +0000</pubDate>
		<guid isPermaLink="false">http://tbogg.firedoglake.com/2008/06/30/after-all-weve-done-for-them/#comment-11751</guid>
		<description>&lt;p&gt;Paul,&lt;/p&gt;
&lt;p&gt;Some OPEC members are getting more into refining, but there is a logistical problem.  Once refined, petroleum becomes many products (gasoline, diesel/fuel oil, &lt;em&gt;etc&lt;/em&gt;), which require separate transportation.  This is easy to do with a pipeline, but more costly with tankers.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Paul,</p>
<p>Some OPEC members are getting more into refining, but there is a logistical problem.  Once refined, petroleum becomes many products (gasoline, diesel/fuel oil, <em>etc</em>), which require separate transportation.  This is easy to do with a pipeline, but more costly with tankers.</p>
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