Wednesday, March 05, 2008

Oil

Gov. George W. Bush, 2000 campaign: "I would work with our friends in OPEC to convince them to open up the spigot, to increase the supply. Use the capital that my administration will earn, with the Kuwaitis or the Saudis, and convince them to open up the spigot." (NY Times, June 28, 2000)

March 5, 2008: "Oil prices reached a record close, surging above $104 after OPEC decided Wednesday to keep its production unchanged. The cartel ignored calls from President Bush to pump more oil into an ailing economy." (NY Times, 3/5/08)

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