Bush and Saudi Arabia Make Oil for Nuclear Deal

So Bush got the extra oil he was after, but 300,000 barrels is just a few percent of Saudi Arabia's daily production - it won't have a real impact on global oil availability. Therefor, the most interesting aspect of this deal is what Bush was willing to offer the Saudis for such a literal "drop in the bucket." Reuters hints at nuclear co-operation, but the WhiteHouse spells it out: "The United States will assist the Kingdom of Saudi Arabia develop civilian nuclear power." The key is providing enriched uranium so the Saudis won't need to complete the fuel processing cycle themselves.

undergroundpolitics.com