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News::

Bush Wants OPEC Nations to Up Oil Output

Saudi Arabia - President Bush urged OPEC nations on Tuesday to put more oil on the world market and warned that soaring prices could cause an economic slowdown in the United States.

Click Original Article for complete story Click Here for the original article By TERENCE HUNT

Posted By Anonymous on 1/17/2008 5:38 AM | News
1 comment | Reads: 1173 | Printer friendly page

OPEC / Bush
Posted by frenchie on 2/10/2008 6:36 PM

It's basic supply and demand - China is buying up much of the worlds oil supply to build out their infrastructure for the olympics - once that is over, there will be a glut again and prices will fall - just when bush is leaving office. There's irony for you :)

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