As a presidential candidate in 2000, George Bush
pledged to use his
"political capital" to influence OPEC when gas
prices soared, saying that
during a crisis, a president, "ought to get on the
phone with the OPEC
cartel and say, 'We expect you to open your
spigots" (1). But with gas
prices soaring in the United States (2), newspapers
report the White House
now says the president refuses to "personally lobby
oil cartel leaders to
change their minds" (3).
With the president refusing to do anything about
the situation, OPEC opted
this week to cut supply to further inflate gas
prices and bilk American
consumers (4). While Saudi Arabia's ambassador told
the White House
yesterday that his country supposedly opposed
higher oil prices, the
president's refusal to use his close relations with
the Saudi government
gave the Saudis a pass to support the OPEC
production cut (5). Despite the
Saudi effort to keep American energy prices high -
and despite their ties to
terror groups (6) - the President continues to
insist that the Saudi Arabia
is "our friend" (7).
During his term, the president has pursued other
policies that help enrich
the oil industry, which has given him more than $3
million since 2000 (8).
For instance, his tax legislation actually created
a massive tax incentive
for consumers to purchase gas-guzzling SUVs over
fuel efficient hybrid cars
(9). Meanwhile, the first budget President Bush
introduced after taking
office tried to cut 37%, (almost $200 million), out
of federal research on
renewable energy and energy efficiency programs
(10).
Sources:
1. "OPEC to cut back despite high prices",
Washington Times, 04/01/2004,
http://daily.misleader.org/ctt.asp?u=2460565&l=26079.
2. "Surging Gas Prices Pump Up Political Debate"
Los Angeles Times,
03/31/2004,
http://daily.misleader.org/ctt.asp?u=2460565&l=26080.
3. "Bush Refuses to Lean on Oil Cartel" Miami
Herald, 04/01/2004,
http://daily.misleader.org/ctt.asp?u=2460565&l=26081.
4. "OPEC cut to oil output likely to keep prices
near record levels", Dallas
Morning News, 04/01/2004,
http://daily.misleader.org/ctt.asp?u=2460565&l=26082.
5. "Saudi envoy plays nice with White House on oil
supply", USA Today,
04/02/2004,
http://daily.misleader.org/ctt.asp?u=2460565&l=26083.
6. "The Saudi Connection", US News and World
Report, 12/15/2003,
http://daily.misleader.org/ctt.asp?u=2460565&l=26084.
7. President Bush Vows to Bring Terrorists to
Justice, 05/15/2003,
http://daily.misleader.org/ctt.asp?u=2460565&l=26085.
8. OpenSecrets.Org,
http://daily.misleader.org/ctt.asp?u=2460565&l=26086.
9. "SUV, truck owners get a big tax break", Detroit
News, 12/18/2002,
http://daily.misleader.org/ctt.asp?u=2460565&l=26087.
10. "Proposed Bush Budget Cuts Renewables and
Energy Efficiency Programs",
Resources for the Future, 04/11/2001,
http://daily.misleader.org/ctt.asp?u=2460565&l=26088.
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