# Oil rises as Saudi Arabia nixes Bush plea near $128 a barrel **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [May 16, 2008, 8:52am UTC](https://forums.speedlife.net/t/oil-rises-as-saudi-arabia-nixes-bush-plea-near-128-a-barrel/48551 "2008-05-16T08:52:07Z")\ **Posts on this page:** 1\ **Showing post:** 48
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [May 16, 2008, 10:06am UTC](https://forums.speedlife.net/t/oil-rises-as-saudi-arabia-nixes-bush-plea-near-128-a-barrel/48551/48 "2008-05-16T10:06:17Z")
> [@Carnut](#): > > I don’t think that if we stopped using the oil from the middle east that China would all of a sudden have some sort of leverage (but honestly I don’t know the oil market so I can’t say with certainty). China already has leverage in terms of manpower, lack of environmental restrictions, resources and the consumption of our old resources (scrap). > > Either way, you take away an income and you can cripple an economy. Especially one soo built around a product. The sand diggers wouldn’t have to give up their way of life. There are plenty of customers waiting inline. We have the political & financial leverage to guarantee us the largest teet. This is why China is struggling for oil. They have such huge growth now… that if they were able to get the resources they crave (oil, and metal - to a lessor extent), they would be playing in the major leagues within a few years at most. If we closed the Mid east spigot today, they would cry fo sho. It would be a huge blow to the collective economy, but it would not destroy it by any means. Its really only a matter of time before they (MidEast) squander away their lifeblood, but I don’t think it’ll be in our lifetime. There is plenty of oil. Disclaimer - this is based off of research that i did ~5 years ago, so I’m sure someone will pick it apart with Yestedays Wikipedia numbers. 😛 We have access to plenty of oil too… but the polar bears. Fucking polar bears. --- _[View the full topic](https://forums.speedlife.net/t/oil-rises-as-saudi-arabia-nixes-bush-plea-near-128-a-barrel/48551)._