Saudi Arabia Declines Request to Increase Oil Production
RIYADH, Saudi Arabia (AP) -- The White House says 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 Friday 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, says 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.''
Oil prices climbed to a new high on Friday, topping $127 a barrel.
