He said he would.
Asked what he would do as president to address the price at the pump, Bush said he would confer with oil-producing allies and ask them to pump more crude. 'I would use the capital my administration will earn with the Kuwaitis or the Saudis, to convince them to open up the spigot,' Bush said. 'That's where we will get immediate relief.'"
2007-05-29 23:48:51 · 12 answers · asked by knuckleheadmcspazmatron 4 in Politics & Government ➔ Politics
Why aren't the Liberals jawboning Canada, Mexico and Venezuela ?
Since that's where most of our imported oil comes from.
2007-05-29 23:57:22 · answer #1 · answered by jeeper_peeper321 7 · 0⤊ 0⤋
Why don't people understand the reason for the high price of gas? It is the enviromentalists: we have way too few refineries available to make the gas so that is why there is a shortage and prices are high while oil piles up in storage and the price falls. Enviormentalists won't allow more refineries to be built and five of them were turned off for maintenance over the last month. Why don't liberals allow more refineries to be built if they complain about the price of oil?
2007-05-30 00:13:10 · answer #2 · answered by Lighthearted 3 · 0⤊ 0⤋
Oil price is gauged by speculators, on the commodity exchange like an aucton. OPEC doesn't set a price. What you probably are really talking about is gasoline prices. Eliminate the EPA and build a dozen gasoline refineries in the U.S., take away the fuel taxes and the price will drop.
2007-05-29 23:56:11 · answer #3 · answered by gregory_dittman 7 · 1⤊ 0⤋
go searching. there is not any somewhat scarcity of oil at present. there is not even a 'pretend' scarcity like we had in the 70s. No long strains, no closed stations with huge signs and indicators that say 'Out of gas'. the vast, surprising strengthen in fee of gas has not something to do with shortages. And the fee of producing a gallon of gas hasn't risen. it somewhat is for 2 motives (a million) the conflict in Iraq is destabilizing the middle East so there could be a scarcity it sluggish sooner or later and (2) each and all of the oil in the worldwide is controlled by potential of a handful of extensive companies who do not could desire to compete, so as that they could collude to repair fees. The company family of Bush family members and the Saudi royal family members bypass returned generations. Bush had to appear like he became into doing -something- so he asked the Saudis to strengthen production and decrease their fees. I guess you he became into winking while he asked them.
2016-10-30 04:45:15 · answer #4 · answered by Anonymous · 0⤊ 0⤋
He is funded by oil companies, High crude price = high profit for said oil companies. Saudi government makes $$$$$$ to spend on US weapons made by US companies who fund Bush. The Iraq war was in part to stop Iraq's oil getting on the market so the price would be high. The circle is complete
2007-05-29 23:54:53 · answer #5 · answered by ??? 3 · 1⤊ 1⤋
The only real relief would be to drill in the Gulf of Mexico, Anwar, and the midwest. By the way we have more oil in all of those places than in the middle east. And to the tourists in Florida- the naked eye can't see 40 miles offshore (where the drilling would take place). Hey, our freedom depends on it.
2007-05-29 23:52:27 · answer #6 · answered by Brett M 3 · 1⤊ 1⤋
Nancy Pelosi already did enough "jawboning" for the both of them. The scarf she was wearing was actually to wipe her mouth off.
2007-05-30 00:02:15 · answer #7 · answered by Anonymous · 0⤊ 0⤋
cause his trust fund is increasing with the multimillion dollar profits the oil company's are putting up
2007-05-30 00:21:17 · answer #8 · answered by Anonymous · 1⤊ 0⤋
were saudis and muslims and we know that america needs the oil so why should we lower the price.
2007-05-29 23:54:57 · answer #9 · answered by Anonymous · 0⤊ 1⤋
Well just imagine that, our President, wrong, again.
2007-05-29 23:51:55 · answer #10 · answered by Anonymous · 3⤊ 0⤋