Word: petroleum
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...active al-Qaeda cells in Yemen who have slipped across the border to set up operations in Saudi Arabia. U.S. intelligence officials told TIME that the CIA is showing the Saudis evidence that al-Qaeda is planning attacks inside the kingdom. High on the list of potential targets are petroleum facilities and oil-pumping stations that, if struck, would disrupt Saudi oil output; the CIA thinks al-Qaeda may also target housing compounds and shopping malls frequented by Westerners. --Reported by Perry Bacon Jr., Massimo Calabresi and Douglas Waller/Washington
...among consumers and a recession for then President George Bush. Now his son is taking steps to make sure history does not repeat itself. The Bush Administration has been quietly pumping as much as 150,000 bbl. of crude oil a day this fall into the nation's Strategic Petroleum Reserve. The unheralded buildup has brought emergency stockpiles of petroleum to their highest level in history: nearly 600 million barrels. That ensures that in the event of war, President Bush can order the release of more than 4 million bbl. a day onto the market for at least 20 weeks...
...Pentagon is also purchasing extra jet and diesel fuel, much of which is being stockpiled overseas, in quantities not seen since the Gulf War. American allies could help, as they did during the Gulf War, by releasing part of their industry and government petroleum stockpiles. Even the Organization of Petroleum Exporting Countries is doing its part: heavyweights such as Saudi Arabia have opened the taps, helping America fill the reserve's salt caverns in Texas and Louisiana with crude. U.S. oil prices, meanwhile, have fallen 15% since late September, to around $26.50 per bbl. --By Adam Zagorin/Washington
...later helped hijack U.S. airliners on September 11, 2001. It is a case being watched with intense interest by some of the most senior officials in the Bush administration, who rely on the Saudis for everything from intelligence and military logistical help to a reliable source of petroleum. At the heart of the case are questions about whether members of the Saudi Royal Family have been too lax in their giving to charities and other persons claiming to be in need, and whether funds that were intended for worthy causes ended up financing terror...
Anti-war protesters may contend that the Bush administration is only pushing for regime change out of narrow economic self-interest. But if they are upset with countries whose foreign policy in Iraq is being determined by petroleum investments, the protesters should direct their ire toward Europe and Asia. Hussein has used lucrative oil contracts with Russian, French and Chinese businesses as effective diplomatic weapons in his attempt to stave off a U.S.-led invasion...