Saudi prince calls for lower oil prices - CNN.com In an interview broadcast Sunday on "CNN's Fareed Zakaria GPS," the grandson of the founding king of modern Saudi Arabia said the oil price should be somewhere between $70 and $80 a barrel, rather than the current level of over $100 a barrel. "We don't want the West to go and find alternatives, because, clearly, the higher the price of oil goes, the more they have incentives to go and find alternatives," said Talal, who is listed by Forbes as the 26th richest man in the world.
Saudi Prince Al-Waleed bin Talal known by his friends and neighbors as Prince Obvious As-All Hell or No-Sh!t Sheik Duh.
He obviously hasn't been keeping up on our budget fights, though. Or he would know they have nothing to worry about.
