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Energy Conversion Devices (ENER) Message Board

  • pastor_edward_r_push pastor_edward_r_push Apr 30, 2005 10:55 AM Flag

    Saudi Arabia

    Never believe what Saudi Arabia says, believe what Saudi Arabia actually does:
    --------------
    Saudi Aramco Raises May LPG Prices $5/Ton Vs Apr - Source


    DOW JONES NEWSWIRES
    April 30, 2005 6:55 a.m.

    MANAMA, Bahrain -- Saudi Arabian Oil Co. (SOI.YY), or Aramco, has set its official prices for liquefied petroleum gas products for May at $420 a metric ton for propane and $423/ton for butane, a source at the company said Saturday.

    The prices are $5/ton higher from April's $415/ton for propane and $418/ton for butane.

    Kuwait Petroleum Corp. (KPT.YY), which follows the same pricing formula of Aramco, is expected to issue similar prices for May in the next few days.

    The two companies set their LPG prices based on their evaluation of price movements in the Asian market, where they sell most of their LPG.

    -By Abdulla Fardan, Dow Jones Newswires; (973) 17530758; abdulla.fardan@dowjones.com
    ---------------

    After Saddam invaded and took Kuwait, he would most certainly have next taken Saudi Arabia - BUT - President Bush threw him out of Kuwait, at a great cost for U.S. Taxpayers and the loss of American lives. A Arab will stick a knife in your back the second your not looking (this notice posted at 6 AM on a Saturday).

    If every car in a America was a Hybrid, we would not have to buy a single drop of oil from the Middle East. The polution problem would be solved. I want to see entire fleets of low gas mileage vehicles scrapped. Time to get serious.

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