More

Bush: US Must 'Get Off Oil'

JENNIFER LOVEN   03/ 5/08 02:49 PM ET   AP

Bush Get Off Oil

WASHINGTON — President Bush said Wednesday that the United States has to "get off oil" to reduce dependence on foreign suppliers and declared "it should be obvious" that high demand is creating painful gasoline prices.

Bush's assessment was at odds with that from the 13-nation Organization of Petroleum Exporting Countries, which said before he spoke that it would not put more oil on the global market because crude supplies are plentiful.

OPEC President Chakib Khelil told reporters in Vienna, Austria, that the problems in the U.S. economy were a key factor in the cartel's decision to hold off on any action.

"There is sufficient supply. There's plenty of oil there," he said.

In an address to the Washington International Renewable Energy Conference, Bush said, "It should be obvious to you all that the demand is outstripping supply, which causes prices to go up."

During a Middle East trip in January, Bush urged OPEC to increase production and help ease soaring gasoline prices. Bush also said on Tuesday that it's a "mistake to have your biggest customers' economies slowing down as a result of higher energy prices."

The White House said it disagreed with OPEC's decision to rebuff that request, and that the oil-producing nations themselves could be hurt as well.

"OPEC should not be shortsighted about the economic impact of its production decisions," White House deputy press secretary Tony Fratto said.

Oil prices surged past $104 a barrel for the first time after the OPEC announcement. Gas prices are running over $3 a gallon, and some analysts expect prices to rise to near $4 a gallon as summer driving picks up.

Bush's speech was aimed at touting his administration's efforts to increase the use of renewable energy sources.

The president saluted those at the conference for their "commitment to renewable energy," then joked that his travel habits aren't the best contribution. "I probably didn't help today when I rode over in a 20-car motorcade," he said.

Democrats roundly criticized the president's record on energy policy.

"The Bush/Cheney administration has paid lip service to renewable energy and backed it up with inadequate and incremental funding support, favored old dirty and unsafe technologies, threatened vetoes of energy bills because they supported renewable energy incentives and mandates, and undermined the science of and the search for solutions to global warming," said a statement from Senate Democrats.

Bush also addressed the ongoing global talks to find a new agreement to fight climate change.

Many nations want firm _ and big _ greenhouse gas emission-reduction targets that are mandatory, but Bush has opposed that. He favors voluntary targets set by each country for itself and steep reliance on burgeoning energy efficient technologies to get there. Bush also insists that developing countries like China and India that are growing energy guzzlers be subject to any agreement.

In the face of criticism, Bush repeated those positions but declared: "The United States is serious about confronting climate change."

"America is in the lead when it comes to energy independence; we're in the lead when it comes to new technologies; we're in the lead when it comes to global climate change _ and we'll stay that way," he said.

He repeated his calls for a clean technology fund to aid developing nations too poor too afford the kind of new technologies that can help them reduce emissions, and for the elimination of trade barriers on environmental technology.

Bush also defended the meetings the U.S. is hosting on a climate change agreement even as the broader United Nations-sponsored process goes forward.

"This is not in lieu of the U.N. process," he said. "It is to enable the U.N. process to become effective."

The president made clear that he considers his approach key to that.

"Should there be an international agreement? Yes, there should be, and we support it," Bush said. But, he added, "No country should get a free ride."

FOLLOW HUFFPOST BUSINESS

Filed by Nicholas Sabloff  | 
 
 
  • Comments
  • 62
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Recency  | 
Popularity
Page: 1 2 3  Next ›  Last »  (3 total)
05:43 AM on 03/07/2008
What the automakers in Michigan need is something akin to the "Volkswagon", made by Germany, to aid Germany's economy. As US citizens we should buy this car, and forsake all imports. We need to show the companies we are serious about stopping this loss of industry to foreign companies. WE need a national car that gets good mileage. Who wants to start the campaign?
RTIII
Poster of over 0.0135% of all HufPost comments
11:47 AM on 03/11/2008
I volunteer YOU for the job!
photo
4TJefferson
Promote the General Welfare
01:19 AM on 03/07/2008
This is some sort of joke, right? The Texas oil man says we need to get off oil? There has to be an angle here somewhere.
This user has chosen to opt out of the Badges program
01:18 AM on 03/07/2008
The increased price of a barrel of oil wouldn't have any relationship to Bush's failed policies while in office, would it? Or maybe his policies were designed from the beginning to make oil more expensive? Well, at least we know he would never lie.
photo
forpeace
The World is beautiful, but people don't see that.
12:17 AM on 03/07/2008
*

Bush: US Must 'Get Off Oil'

Wasn't it just few weeks ago when this f**** as*hole Bush kissing Saudi's butt for OIL??!!

What the f**** is he talking about then?

*
This user has chosen to opt out of the Badges program
photo
loki
Better to die fighting, than live on knees
12:06 AM on 03/07/2008
Well George, since you and you pals decided to devalue the dollar so much so quickly so corporations could be more competitive with Chinese and Haiti prices, we dont have much of a choice do we. Oil isnt high because of the lack of oil. Its high for us because you forced the dollar into a nose dive to hell.
photo
Rockwell
Recovering Reagan republican. 26 years sober.
11:41 PM on 03/06/2008
So now that Chimpy and his posse have nearly sucked the oil teat dry, it's time for America to move on? What a bold stance! God bless our great leader!
photo
Moxo
Our enemies are in the GOP.
08:23 PM on 03/06/2008
If ANWAR was online and pumping and if all our coastal oil fields were pumping at max flow... do you really think Big Oil would be selling all that crude to Amnerica for 30 dollars a gallon? If they did, shareholders would be suing them left and right.
photo
castlerider
"A man's home is his castle"
03:37 PM on 03/06/2008
The rich elite have it so sown up with an idiot like this in charge....
Especially since we are SO FAR From any changes that could ever make a difference. I truly believe they are laughing their asses off, high-fiving each other.

No sh*t, Sherlock. You're just now realizing that we're dying over here?

If he allowed other nations to come into Iraq, Help re-develope the oilf fields for market, let go of the US's cornering of the Market there, which will take years yet because of the controversy of our two-faced efforts to look like we're there to save the Iraqis from themselves, and which is the real reason we EVER went to Iraq, it would take realistically 6 months for the oil to reach market, and prices could fall below 55 dollars a barrel again, and with alternative resources strongly put in place, gas could easily slip below $2 a gallon, giving our country a sigh of relief that could really help our economy recover. This is absolutely doable.

But Bush won't do it. He will never do anything that would cause his rich elite base to lose their potential windfall.
I tell you, this man is nothing less then a criminal and a traitor to the American people. Why doesn't the FBI do their job and arrest this idiot?
11:37 AM on 03/06/2008
I bet McCain cringes everytime his latest endorser opens his ridiculous trap.
11:35 AM on 03/06/2008
Bush: "US Must 'Get Off Oil...And, Water Is Wet."
10:43 AM on 03/06/2008
That's like the drug dealer blaming his best customers for being hooked. Bush and his shit family have done nothing but encourage dependence on oil and enrich his buddies who drill up our land and plunder the rest of us. We had our chance in the 70s to start getting off oil, but the big oil companies and the auto makers wouldn't tolerate it. In the past 7 years under Bush's radical cronyism, alcoholic spending, mass corruption, lies and incompetence, why would anyone be hopeful about the future of this country?
HUFFPOST COMMUNITY MODERATOR
thegreatgiginthesky
10:25 AM on 03/06/2008
Bush: US Must 'Get Off Oil'

No shit genius. You want to tell us what you want us to replace it with? More lip service from the illiterate monkey who wears a suit.
04:54 PM on 03/06/2008
Hydro? Nope, the environmentalists shot that down.

Nuclear? Nope, same thing.

Coal? Oh heck no, can't have that!

Steam? Pokes to many holes in the ground.

Etc.................
This user has chosen to opt out of the Badges program
photo
10:19 AM on 03/06/2008
Lead on mein Fuhrer!
07:01 AM on 03/06/2008
Bush: US Must 'Get Off Oil'

US: Bush Must Go
05:48 AM on 03/06/2008
Don't you understand?? This was the BUSH PLAN ALL ALONG. TAX Breaks for the Super RIch (ask Warren Buffet, he knows), Attack IRAQ and KEEP IRAQ OIL OFF THE WORLD MARKETS...THAT's Why you're Paying what you are for gas. And talk about but DONT FUND ALTERNATIVE ENERGY.
WHEN in HELL are the American People going to WAKE THE HELL UP. Its something the rest of the world sees and is SHOCKED Americans are so Naive. That the CONSPIRACY THEORISTS are closer to the truth than any "average american" ever imagined. We're losing our CONSTITUTION, We're losing our Economy,..We're losing our Country.
05:57 AM on 03/06/2008
Freedumb isn't free!
HUFFPOST COMMUNITY MODERATOR
thegreatgiginthesky
10:26 AM on 03/06/2008
Exactly, you have to work real hard to defend stupidity like this.
RTIII
Poster of over 0.0135% of all HufPost comments
11:43 AM on 03/11/2008
We are awake, Gorgol. The problem is that the press is keeping quiet all the little protests and individual actions so that such events don't "accidentally" grow to undeniable size.

What I want to know is where the hell is MoveON? They should be holding impeachment rallies across the nation, but no, they're silent as moles. They also deserve our (gentle) rebuke.