News
Saudi Arabia's king employs royal treasury to keep peace
seattletimes.com
[The Seattle Times] - The prince, whose 14 living children include billionaire investor Prince al-Waleed bin Talal, said: "These people want to preserve their power, their money and their prestige, so they want to keep the status quo. They are afraid of the word 'change.
Google News: OPEC Leaves Output Unchanged; Crude Soars
[Benzinga] - Prince Alwaleed bin Talal Kuwait of Saudi Arabia has recently said his country seeks oil prices between $70 and $80 a barrel in order to sway the US and Europe from developing alternative energy sources. Because of this, Saudi Arabia was the leader
Google News: Saudi prince wants to slow efficiency progress by cutting oil prices
[CarAdvice] - Prince Al-Waleed bin Talal told CNN that he would like to see the price of oil drop to $US70 to $US80 a barrel ($65 to $75) from the current rate of $US100 a barrel ($93). Talal, the 26 th richest man in the world according to Forbes, said lower prices
US can break addiction to imported oil
edition.cnn.com
[CNN International] - Saudi Prince Al-Waleed bin Talal told CNN's Fareed Zakaria that oil prices are now so high that they are creating powerful incentives for Americans to find new, green sources of homegrown energy. "We don't want the West to go and find alternatives
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