Bush says Saudi oil boost doesn't solve US problem

digg Share this on Facebook Huffpost - Bush says Saudi oil boost doesn't solve US problem stumble reddit del.ico.us RSS

TERENCE HUNT | May 17, 2008 07:08 PM EST | AP

Compare other versions »
I Like ItI Don’t Like It
U.S. President George W. Bush walks with Afghanistan President Hamid Karzai following their meeting in Sharm el-Sheik, Egypt, Saturday, May 17, 2008. (AP Photo/Susan Walsh)

SHARM EL-SHEIK, Egypt — President Bush said Saudi Arabia's small increase in oil production will not solve soaring U.S. fuel prices, but he defended the wealthy kingdom Saturday against American lawmakers "screaming the loudest" for Riyadh to open its spigots.

Bush also encountered bitter Arab criticism that he favors Israel too heavily and was bluntly questioned by Egyptian President Hosni Mubarak about whether he is serious about peacemaking. Bush said he was "absolutely committed" to reaching an Israeli-Palestinian agreement by the end of his presidency next January. But there was no sign during Bush's five-day Mideast trip that the two sides are moving closer toward an accord.

"It breaks my heart to see the vast potential of the Palestinian people really wasted," Bush said. Pledging the creation of an independent homeland, Bush said "It'll be an opportunity to end the suffering that takes place in the Palestinian territories."

With Israel's occupation of Arab lands captured in the 1967 Mideast war entering its fifth decade, most Palestinians live in dire poverty.

On the last stop of his travels, Bush held a rapid-fire series of diplomatic meetings at this posh Red Sea resort, famous for its brilliantly clear waters and sea-snorkling reefs. After talks with Mubarak, Bush saw Afghan President Hamid Karzai and had dinner with Palestinian President Mahmoud Abbas. On Sunday, he will confer with the leaders of Pakistan, Jordan, Iraq. He said every meeting advances prospects for peace.

As oil prices hit another record high on Friday, Saudi King Abdullah rebuffed Bush's request for higher oil production to take the pressure off prices. The high prices are a political nightmare in a presidential election year for Bush and his would-be Republican successor, Sen. John McCain. Bush said he cautioned the king about the repercussions of skyrocketing prices.

"I said very plainly, I said, `You've got to be concerned about the effects of high oil prices on some of the biggest customers in the world. And not only that, of course, high energy prices (are) going to cause countries like mine to accelerate our move toward alternative energy."

Saudi officials said the kingdom was pumping all the oil that its customers want and that production had been increased by 300,000 barrels a day earlier this month.

Story continues below
advertisement

"It's something, but it doesn't solve our problem," Bush said. "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 advancement of alternative energies, as well as conservation."

Rather than criticize the Saudis, Bush turned his fire on Democrats back home threatening to kill a $1.4 billion arms sale to Riyadh unless it pumps at least 1 million additional barrels a day.

"One of the interesting things 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," Bush said, standing on a manicured lawn overlooking the sea after talks with Karzai.

The president's first appointment was with 80-year-old Mubarak, who has led an authoritarian government in Egypt since 1981. In unusually blunt criticism, Egypt's state-owned press attacked Bush for his speech Thursday before the Israeli Knesset. The media accused Bush of being overly supportive of the Israelis and not mentioning the Palestinians' plight.

"The Torah-inspired speech of Bush raised question marks over the credibility of the U.S. role in the Middle East," wrote Mursi Atallah, the publisher of Al-Ahram, the flagship daily of the state-owned press. "Bush aims to do nothing but appeasing Israel."

Bush, in his address Thursday, showered Israel with praise, strongly reiterated its right to defend itself and only gently urged leaders to "make the hard choices necessary," without mention of concrete steps. He did not visit the Palestinian territories nor mention the Palestinians' plight. He spoke of them only in one sentence saying that Israel's 120th anniversary _ in 2068 _ would see it neighboring an independent Palestinian state.

Bush said Mubarak "wanted to make sure that my approach toward the Middle Eastern peace is firm, and that we work hard to get the Palestinian state defined." Bush said that "I believe we can get a state defined by the end of my presidency, and we'll work hard to achieve that objective."

He repeated those assurances later to Abbas. The Palestinian leader said that "we are working very seriously and very aggressively with the hope that we will be able to achieve this objective before the end of the year."

Bush said he and Abbas agreed on their concern about "radical elements undermining" the U.S.-backed government of Lebanese Prime Minister Fuad Saniora.

"This is a defining moment," he said. "It is a moment that requires us to stand strongly with the Saniora government and to support the Saniora government."

The militant group Hezbollah overran Beirut neighborhoods last week in protest of measures aimed at the group by Saniora's government, a display of power that shocked and concerned the West. The violence only ended when Lebanon's Cabinet reversed the measures and Saniora's government reached a deal with the Shiite militant group, which the U.S. considers a terrorist organization. Bush had planned to meet with Saniora in Egypt on Sunday, but the session was canceled.

SHARM EL-SHEIK, Egypt — President Bush said Saudi Arabia's small increase in oil production will not solve soaring U.S. fuel prices, but he defended the wealthy kingdom Saturday against American...
SHARM EL-SHEIK, Egypt — President Bush said Saudi Arabia's small increase in oil production will not solve soaring U.S. fuel prices, but he defended the wealthy kingdom Saturday against American...
Filed by Nick Sabloff  |  Report Corrections
 
Comments
79
Pending Comments
0
iPhone App Promo

Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to

View Comments:
Page: « First ‹ Previous 1 2 3 (3 pages total)
- neocon666 I'm a Fan of neocon666 69 fans permalink

Bush: You think you can boost production of oil to help lower the price of gasoline in the US?
King Abdullah: We like the extra $2 Billion a month. We'll tell you when we're tired of it.
Bush: Ok. When you commin' to the ranch?

    Favorite    Flag as abusive Posted 03:53 PM on 05/17/2008
- RobtBrock I'm a Fan of RobtBrock 6 fans permalink

Bush didn't say the magic words..."I BEG you. PLEASE. I BEG you!"

    Favorite    Flag as abusive Posted 03:52 PM on 05/17/2008
- enyapjeff I'm a Fan of enyapjeff 2 fans permalink

:-( it looks to me as though he's getting screwed again by the Royal Family, just like he did on 911. The Suadi's are putting the screws to the American public, and our economy, while we keep on propping up their monarchy with additional arms.

One of these days Alkeada - the Sunni based political organization is going to over-throw the monarchy, just like the Sheea in Iran over-threw the Shaw. Then there will truly be hell to pay.

We've got to get a clear energy policy that moves us away from this foreign dependance.

He clearly is demonstrating his total 'LAME DUCKNESS', not only in the US, but more pointedly on the world stage. January 20, 2009 can't get here soon enough.

The dems and independents need to rally and support the Obama ticket so that we can begin the process of fixing all of the Bu$h f----ups.

    Favorite    Flag as abusive Posted 03:37 PM on 05/17/2008
- elcojonu I'm a Fan of elcojonu 28 fans permalink

Do you think they'll accept us into the European Union ?
Our Currency is close to being worthless.

    Favorite    Flag as abusive Posted 03:33 PM on 05/17/2008
- gorgol I'm a Fan of gorgol 34 fans permalink

QUESTION: Does Bush DEEEP French Kiss the Saudi Royalty, with lots of tongue and spit?? or is it just lips to lips....I don't have a HD hook up...so maybe someone knows....

    Favorite    Flag as abusive Posted 03:16 PM on 05/17/2008

If it won't solve the problem, why did he ask them? It would seem he's covering his sorry butt again. He's the last person we need negotiating for this country. I wish we could welcome him home with a warrant for his address on the grounds of treason, and crimes against humanity. Alas, only in our dreams.

    Favorite    Flag as abusive Posted 03:10 PM on 05/17/2008
- Schnitzel I'm a Fan of Schnitzel 6 fans permalink

It sounds to me like Bush is engaging in a policy of appeasement with the Saudis.

    Favorite    Flag as abusive Posted 03:02 PM on 05/17/2008
- PepperzMom I'm a Fan of PepperzMom 7 fans permalink
photo

Score!

    Favorite    Flag as abusive Posted 06:34 PM on 05/17/2008
- joekonn I'm a Fan of joekonn 2 fans permalink

Its the dollar, dummy. After raping the US economy, selling the future of our children, and destroying the dollar with debt, W thinks oil is the problem...­.. Lil Bush must have skipped economics at Yale and at Harvard. Borrow too much, dollar value goes down, oil price goes up....it ain't rocket science.

    Favorite    Flag as abusive Posted 01:37 PM on 05/17/2008

it's smoke and mirrors. The Bushes, Cheneys are tight with the House of Saud. People who by mere accident of winning an oil lottery while buggering their livestock now bugger us at the pumps.

    Favorite    Flag as abusive Posted 03:08 PM on 05/17/2008

You don't say. It won't make gas go below a dollar a gallon? Who'd have thunk?

    Favorite    Flag as abusive Posted 01:24 PM on 05/17/2008
Page: « First ‹ Previous 1 2 3 (3 pages total)
Comments are closed for this entry

 You must be logged in to comment. Log in  or connect with 

Connect