George Bush: A Wishin' & Hopin' Energy Policy? genre: Econ-Recon & Polispeak & Tongue-In-Cheek & Video-Philes

Never let it be said that George Bush lacks a comprehensive energy policy. The President ended his Middle East tour by "asking" (think pretty please) Saudi Arabia to increase OPEC's oil production to lessen the impact of energy costs upon the world economy.

From ABC News:

One hour after his plea for more Saudi oil was publicly rejected by the kingdom's oil minister, President Bush made a private visit to Saudi Arabia's King Abdullah to again ask him to open the spigots.

The White House revealed Bush's private meeting with the Saudi monarch to reporters aboard Air Force One as the president flew to Egypt on the next leg of his Mideast trip.

The president went over the head of the oil minister and made his case to King Abdullah and White House Press Secretary Dana Perino said the private conversation may have yielded some daylight in the Saudis' hard-line stance.

"The king says that he understands the situation. He's worried about high oil prices and how they can negatively affect economies around the world," Perino said aboard the presidential jetliner. "The president said there's a hope that as a result of these conversations that OPEC would be encouraged to authorize an increase in production … to help deal with the tight supply problems in this time when we have growing economies across the world, especially in China."

Earlier, Bush told ABC News' Terry Moran how he would lobby the king.

"I will say to him that, 'If it's possible, your majesty, consider what high prices are doing to one of your largest customers,'" Bush said. "In other words, the worst thing that can happen to an oil-producing nation is that the price of oil causes the economy to slow down, because that will inevitably lead to fewer purchases [of oil]."

When Bush ran for the White House in 2000, he said he would "jawbone" America's Saudi allies to lower the price of oil. The price of oil has hit a record of $100 a barrel, but has slipped to a current price of $91 a barrel on fears that the U.S. economy is headed for a recession.

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Perhaps I'm ignorant, but if I were the President, I don't think I would run around telling reporters my strategy if all it involved was sweet-talking his majesty. Further, if I'm the Saudi's, Bush's notion that higher prices will "lead to fewer purchases [of oil]" does little more than provide a good laugh to the members of OPEC at their next meeting. It seems pretty simple to me - without an alternative to oil, who are we kidding in thinking OPEC can be pressured?

Little did we know that the meaning of "jawboning" would ultimately culminate in George Bush kissing up to the Saudi's in hopes they would increase oil production. Yes, it sure looks like the President had an effective plan in place. After all, look at the results...record oil prices! Oh, and don't forget all the oil we're getting from Iraq...you know...the oil that was going to pay for the war effort.

OK, with that said, I decided to offer my own "pulled from thin air" version of the President's comprehensive energy policy. I suspect it has as much potential to succeed as the one being followed by George Bush. So here it is...

The President will soon unveil a new strategy...one that is sure to touch a soft spot with the Saudi's and OPEC. After much consideration, he has decided to reach back into the annals of musical history (think Dusty Springfield) to create his "Wishin' & Hopin'" tour. Say what you will about the President's intellect, but his plan to use his charms to woo OPEC into handing over more oil is sheer genius.

Hence, the following graphic shall serve to launch the President's "Wishin' & Hopin'" strategic energy policy. Let the oil flow!

George W. Bush - Wishin' & Hopin'

The President's Wishin' & Hopin' Energy Policy

Dusty Springfield & Martha Reeves - Wishin' & Hopin'

Comments

1 On January 16, 2008 at 2:50 PM, rube cretin wrote —

if this were not so tragic it would be funny. the news is covered with stories about the recession which is occurring in America. Economic stimulus plans are being discussed everywhere and they will be totally ineffective against the decline which is about to happen. Our president begs for oil when he should be having a real discussion with citizens about the coming crisis. sacrifice is what is needed and a president who tells everyone to shop in order to save the economy would seem possible only in a Monty Python movie. 2008 is going to be the most interesting year of our lives. I do wish we could lock this bastard president in the white house to prevent him from embarrassing us further. But, we elected him and he is the perfect ambassador to tell the world about how corrupt, greedy, and narcissistic we are.

Thought Theater at Blogged

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» George Bush: A Wishin' & Hopin' Energy Policy? from www.buzzflash.net
Yes, it sure looks like the President has an effective energy policy in place. I would characterize his recent efforts in Saudi Arabia as his “Wishin’ & Hopin’"" strategy. After all, look at the results…record oil prices! Oh, and don’t forget all th... [Read More]

Tracked on January 16, 2008 2:21 PM


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