So Which Is It?

Saudis to boost oil output after US pressure
By Javier Blas in London and Andrew Ward in Washington
The Financial Times

May 16 2008 14:06 | Last updated: May 17 2008 00:27

"Saudi Arabia said on Friday that it was increasing its oil production to its highest level in two years, bowing to intense US pressure after the price surged to a fresh record of almost $128 a ­barrel."

or

Saudis Rebuff Bush on Oil
By JOHN D. MCKINNON, STEPHEN POWER and NEIL KING JR.
May 17, 2008
The Wall Street Journal

"The Saudi king rebuffed President Bush's request for higher oil production, in the latest sign of how U.S. leaders are struggling to combat soaring energy costs that have become a major election-year issue."

or

Does it not matter because Oil Bulls don't believe that the Saudis can raise production anyway?

or

Does it not matter because Oil Bulls believe there is infinite demand for Energy - if you pump it, they will buy it?