Sunday, August 24, 2008

Gulf States to rake in $562 billion in oil money

(Compiler's note: These countries mentioned below are NOT our friends -- Drill here, Drill NOW before it gets even worse!)

Financial Jihad: this will free up a billion or two for dawah and other stealth jihad activity in the West. "Gulf States To Earn Record USD 562 Billion In Revenue," from ANSAmed, August 22 (thanks to Insubria):

DUBAI, AUGUST 22 - Gulf oil producers are expected to earn a record $562 billion in 2008 as crude prices are projected to remain above $100 and they are pumping at one of their highest levels, according to new data from the London-based Centre for Global Energy Studies (CGES), reported by Wam news agency. Accordingly, the combined oil export earnings of the six Gulf Cooperation Council (GCC) countries will soar to their highest level of $562 billion this year. The UAE's income will swell to an all-time high of $97 billion while that of Saudi Arabia will surge to $307 billion and that of Qatar and Kuwait will peak at $89 billion and $32 billion respectively. The income, it added, is nearly $234 billion above their 2007 revenues of $328 billion and more than four times their earnings of $137 billion in 2003....

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