Another desperate addict

Bush asks Saudi king to open oil spigots

Posted by Joseph Romm (Guest Contributor) at 9:51 AM on 17 Jan 2008

Read more about: politics | international politics | energy | oil

The president who said "America is addicted to oil" now begs the Saudis for another fix. Like some binge-drinking, pill-popping starlet -- is there any other kind? -- the president is prostrate before his top foreign "dealer," begging for more, even at the risk of public humiliation:

The Saudi oil minister, however, waited only a short time before announcing that oil prices would remain tied to market forces -- a direct slap at Bush.

Wow! When even your dealer won't sell you more, you have got a real problem.

Just one hour later, though, "President Bush made a private visit to Saudi Arabia's King Abdullah to again ask him to open the spigots."

That is like being turned down by your dealer and then desperately appealing directly to Pablo Escobar.

Anyone for rehab or, say, plug-in hybrids?

This post was created for ClimateProgress.org, a project of the Center for American Progress Action Fund.

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5 Comments | Post a Comment

But but

Doesn't America get a DEAL?
http://greyfalcon.net/oilprice.png

I mean it's election season, why can't we have our cheap oil for the HOLIDAYS?

I often find it funny that people argue that Oil companies don't like having a tight limit on refinery capacity.

Cause if you think about it, it's a lot like Diamonds, how they have a tight limit on refining capacity intentionally.

-David Ahlport

by GreyFlcn at 10:06 AM on 17 Jan 2008

Oil Companies Have Feeling Too

"Cause if you think about it, it's a lot like Diamonds, how they have a tight limit on refining capacity intentionally."

And you know why? Because they built lots of refineries at the end of the 90's -- just before the big crash and worldwide depression! China has something like 5 refinery projects that were mothballed and I think scrapped because no one foresaw the recovery.

Even still, growth is so anemic (beige book pegs it at 1% for US) you can see why oil companies would be hesitant to build a lot of capacity if no one showed up for the gas.

by jabailo at 10:34 AM on 17 Jan 2008

Let me reply to this post visa vi song clip...

"Pusher Man" by Curtis Mayfield :

grist.org

by Jerome Woody at 10:41 AM on 17 Jan 2008

Just what I was hearing

Having seen "Easy Rider" recently, rerunning on teevee.

http://amazngdrx.blogharbor.com/blog John Schneider, Northern Wisconsin

by amazingdrx at 10:51 AM on 17 Jan 2008

The valves are open wide already

and the Saudi's are producing flat out. Multiple articles on The Oil Drum detail this.

Peak Oil was in 2005.

Put the Carbon Back

by Pangolin at 11:09 AM on 17 Jan 2008

ADVERTISING POLICY

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