Unproven oil alternatives could spell disaster say Saudis

[JCMach1]

Source: The National

Saudi Arabia issued a plea to industrialised countries not to give up on oil as their primary source of energy, warning that they could court disaster if they put too much hope in unproven alternatives.

The plea appeared to be a direct response to the emerging energy policy of President Barack Obama, which calls for the United States to become energy independent and stop imports of oil from the Middle East and Venezuela.

Saudi Arabia’s oil minister, Ali al Naimi, said petroleum still held the key to progress and prosperity for the world’s growing population over the next few decades and calls to switch to alternatives were premature and could be catastrophic...


Read more: http://thenational.ae/article/20090319/BUSINESS/937377267/1005

---

OMG... File this one under the daily howler... The Saudis are proving what we always though: they will do almost anything to keep America (and the world) hooked on oil