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Video: Arab states hit by rising oil prices - 06 May 2008
Author: A
Description: Oil has risen to yet another record high - just shy of $121 dollars a barrel.One knock on effect is that some Arab countries are removing state subsidies, which are costing billions of dollars a year.Jordan removed fuel subsidies in February and, since then, oil prices have shot up by 82 per cent.Syria too is cutting subsidies, trying to soften the blow with a 25% hike in wages.And now Egypt has a...
Duration: 8 seconds
Date: Mié 12-31-1969 18:00
Rated: 4
Played: 1 times
Tags: oil prices arab jordan egypt syria bernard smith aljazeera
Total comments: 20
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20 comments from YouTube
> zodeloni said on 05-09-2009 at 18:27:
i dont think so. you cant fix prices. the iraq war kept oil prices very high because iraq did not produce more then 2million bpd. lots of americans suffered also from 4 dollar a gas. that was the thing why bush was a failure as president. he couldnt fix shit

> gregrutz said on 05-09-2009 at 18:17:
Bush drove the price up to help his friends and family in Texas.He is now gone and oil is $50 a barrel.

> zodeloni said on 05-09-2009 at 17:51:
thats not really great. if oil is at 100 dollar in west. its in saudi arabia 6 euros a gas. thats too much. dollars is worth shit, so euro is expensive

> vipsheikh said on 05-09-2009 at 07:53:
فخار و شرف sheikhqatar . com

> gregrutz said on 04-11-2009 at 16:36:
GREAT

> Bylochino said on 11-07-2008 at 23:16:
al sha3b al masry ,khalas atzat,sry

> dussuh said on 09-16-2008 at 22:11:
trust me the saudis are suffering from this shit too

> TooManyBattleScars said on 07-03-2008 at 00:40:
Saudi Arabia is currently working on building gas and diesel refineries. Do you guys even understand what this means? Soon there will be no more crude oil from them and they will only sell us gas and diesel, if everyone thinks fuel prices are high now, wait until this starts. They will suck us dry. The environmentalist love these fuel prices, they should stick to their words and quit driving gas operated cars, hypocrites. You will all be happy when Iraq starts being drilled for oil.

> khalidin said on 06-20-2008 at 11:00:
From a long term perspective, Ive been informed that the Oil producing economies around the globe including the towel heads, as a few rednecks have referred to them as, do not see it as actually a positive for them. Why you ask Mr and Mrs Redneck? Well the reason is they would much rather the cheaper oil price, so the rest of the world would invest in an alternative viable fuel source. With cheap oil means we wont advance in other sources of fuel for our cars! Does your brain hurt Mr Redneck?

> cesarb323 said on 06-09-2008 at 22:16:
I see you walking home.

> oratorspeaker said on 06-06-2008 at 15:58:
get rid of fossil fuels! cant we live without depending on dead animal remains!

> TrainingExpressTV said on 06-04-2008 at 14:24:
put it this way, there is enough oil to last for centuries, it's just in places that cannot be reached. Politicians could ban petrol cars now if they really wanted to save the planet, but that won't happen as too many jobs and enonomies would be at risk. Even if the world went electric, we would be doing just as much damage to the planet either way. More electric means more burning of oils in powerstations.

> kbent88 said on 05-19-2008 at 21:41:
god i hope so...

> kbent88 said on 05-19-2008 at 21:41:
ahh i agree...but see what will happen is, The us will wait for the middle east to run out of oil VERY SOON. within in the next 30 years, so they can tap the oil in alaska and the american gvt can sell each barrel for 300-400$/barrel.. or even more... thats my theory..

> eyadjamaleddine said on 05-19-2008 at 01:09:
You are such a dumb motherfucker. If it wasnt for you're dumb SUV loving redneck ass, we wouldnt be paying 4 bucks a gallon.You stupid fucking redneck, didnt you know that it is now possible to run a car simply on water. The only reason, I and you dont own one is the greed that resides in washington. Get a grip on yourself and stop making us look like idiots.

> TXTahoe said on 05-17-2008 at 10:36:
Those effin towel heads have done this before and it backfired in their faces. If you are a liberal you have no reason to gripe because if it wasnt for the tree hugging branch of your party we would be able to drill and produce our own w/out being so dependant on these sand fleas.

> YogaNate79 said on 05-16-2008 at 18:34:
The day will come when the Saudis will plea to America to purchase more oil. Our president will inform them that combustible fuel is no longer needed due to alternative energy. I'm guessing around.....year 2050?

> 161803 said on 05-15-2008 at 02:22:
Ah, so we've reached a consensus: economic liberalisation, most notably by Deng Xiaoping, has brought about the Chinese miracle. I'm still not sure, however, how thwarting human rights economically *helps* the Chinese people.

> 161803 said on 05-15-2008 at 02:20:
"Recent news reports have young Chinese uncritically supporting their government's policies in Tibet and Sudan, and, no doubt, on other issues as well."Even if we can generalize the reaction of *some* Chinese vis a vis the Tibet and Sudan situations as the overall sentiment of the Chinese people towards their government, and not withstanding your other post, how is that point salient to wealth creation in China?

> mollyboy13 said on 05-14-2008 at 11:12:
Pt 2: The Chinese government is intimately connected with its economic status and progress since Nixon first visited in the 1970's. It has adapted the economic aspect of Maoism towards cooperation with Capitalism, having learned the lesson of the economic destruction of the Soviet System by the West. The most important element of success for the Chinese is "face"; it can't be underestimated. The government has kept "face" by adapting its economy while controlling human rights (see Pt 1).

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