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Friday, January 18, 2008

Saudi Inflation = oil $100 BBL


Saudi Inflation Blamed on Falling Dollar

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Morning Edition, January 18, 2008 · In oil-rich Saudi Arabia the price of food is rising, and so is discontent. Ordinary residents of the monarchy are circulating text-messages urging a milk boycott. Inflation has some economists calling on Saudi Arabia to revalue its currency.

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Jeeze I wonder if this has anything to do with oil at $100 BBL?
Came back to bite them in the ASS.

Saudis say thank you to OPEC.

Gerald

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