It is time to let them drink their own urine...

Yes, my dear TNSTOP pleasant SUV idiots...if we don't train them now, it might be too late... Let those sheiks ride bicycles around their newly purchased hotels in NYC and wash their cars in Central Park. Next - the halal special - roasted collapsed horse in its own, sultry juice - straight from the colorful carriage...

Page last updated at 21:59 GMT, Monday, 16 June 2008 22:59 UK E-mail this to a friend Printable version

Oil at record near $140 a barrel

There have been calls for increased global oil output The price of crude oil has hit a new high of close to $140 a barrel in New York trade, despite Saudi Arabia agreeing to increase output in July. US light crude rose to $139.89 a barrel, surpassing the previous high of $139.12 on 6 June. The price later fell 25 cents to $134.61 at the end of New York trade. On Sunday, Saudi Arabia said it would boost production by 200,000 barrels a day next month to meet growing worldwide demand. That would make a total rise of 550,000 barrels a day, or over 6%, since May and would take Saudi output to its highest monthly rate since August 1981. The news was announced after UN Secretary General Ban Ki-Moon met Saudi Oil Minister Ali al-Naimi in Jeddah for talks on the high oil price. The market has got it in its head that we are about to run out of oil, and is looking for negative news John Hall, oil analyst Q&A: Record oil prices Last month, Saudi Arabia increased its production by 300,000 barrels a day. The country is thought to be the only oil producer with the ability to pump substantially more crude. It argues that the current high prices are caused by speculators rather than any shortage of crude oil. Oil prices had fallen by almost $2 on Friday after reports that Saudi Arabia might boost oil production but many believe that this pledge is too little too late to bring down oil prices.