Friday, May 16, 2008

Saudi Arabia rebuffs Bush on oil production

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AP

The White House said Friday that Saudi Arabia's leaders are making clear they see no reason to increase oil production until customers demand it.

President Bush was in the oil-rich country to appeal to King Abdullah for greater production to help halt rising gas prices in the United States.

But his national security adviser, Stephen Hadley, said Saudi officials stuck to their position that they already are meeting demand.

Hadley told reporters, "What they're saying to us is ... Saudi Arabia does not have customers that are making requests for oil that they are not able to satisfy."

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