Saudi oil output hike would not solve US problems: Bush (W tells it like it is)

Breitbart.com ^ | 5/17/08 | Breitbart

[zeebee]

Saudi oil output hike would not solve US problems: Bush

US President George W. Bush said on Saturday that a hike in oil output by Saudi Arabia would not solve American energy problems.

"It's not enough, it's something but it doesn't solve our problem," Bush told reporters in Egypt's Red Sea resort of Sharm el-Sheikh.

Bush said he was "pleased" with a Saudi decision taken on May 10 to increase its oil production by 300,000 barrels per day in response to customers, but said that he was "also realistic" about what the Americans should do.

"Our problem in America gets solved when we aggressively go for domestic exploration. Our problem in America gets solved if we expand our refining capacity, promote nuclear energy and continue our strategy for the advancing of alternative energies as well as conservation," he said.

"One interesting thing about American politics these days is those who are screaming the loudest for increased production from Saudi Arabia are the very same people who are fighting the fiercest against domestic exploration, against the development of nuclear power and against expanding refining capacity."

[RightWhale]

I think we are going through the initial stages of the “phasing out” of gasoline that will probably be complete by 2030

That seems to be the way it is going.

[Perdogg]

Gas prices will never see under $2.00 a gallon in a growing economy. Gas has hit $4.00 pgal and people still haven’t changed their driving habits; I haven’t.

[SuziQ]

True, but some of those RINOS were in office thanks to Bush's endorsement and outright campaigning on behalf of, like Specter of PA...

Did you expect the President to NOT campaign for the Republican candidate in a Senatorial election?

[DTogo]

Did you expect the President to NOT campaign for the Republican candidate in a Senatorial election?

If memory serves me correctly, a much more more conservative Republican named Toomey was challenging Specter in PA, but Bush sided with Specter, and got what he campaigned for when Specter was re-elected: a RINO.

And we got what Bush campaigned for: BOHICA.

[SuziQ]

If I remember correctly, the President didn’t start campaigning for Specter until AFTER the primary. What the Republican Senatorial committee did, I don’t know.