Thursday, September 23, 2004

Bandar Blows It, but Ivan Rides to Rescue 

Remember how "Brother" Bandar (bin-Sultan bin-Bush) promised that, come hell or high water, Saudi Arabia would use its leverage with OPEC to drop oil prices just in time for the election? Apparently somebody isn't clapping hard enough, because things aren't working too well there.

And remember how, when prices were spiking last spring, at or over $2.00 a gallon at the pump almost everywhere, Dear Leader not only did nothing to help the situation but aggravated it by continuing to buy crude for the Strategic Petroleum Reserve, because that was absolutely vital to the national interest?

Funny how things change. Funny timing too, the cynical might think.

(via AP)
The Bush administration said Thursday it is weighing a request from several U.S. refiners to borrow crude oil from the nation's emergency stockpile to help offset supply disruptions along the Gulf Coast from Hurricane Ivan.

``Certainly Hurricane Ivan had an effect on the supply of oil imports and production in the Gulf of Mexico,'' said White House spokesman Scott McClellan. ``It has limited some refiners' access to crude oil supplies.''

He said that the Department of Energy was reviewing the requests.

In the past, President Bush has resisted calls to tap into the Strategic Petroleum Reserve, located in Texas and Louisiana, in an effort to counter soaring prices. Bush had criticized President Clinton's move in the fall of 2000 to tap the reserve, saying it was a political effort to help Democrat Al Gore, Bush's opponent in the 2000 election.
Damn! The potency of that man is just amazing. It's still the fault of The Clenis!

corrente SBL - New Location
~ Since April 2010 ~

~ Since 2003 ~

The Washington Chestnut
~ current ~

Subscribe to
Posts [Atom]


copyright 2003-2010

    This page is powered by Blogger. Isn't yours?