George: "Can we have more oil, please?" Saudis: "No."From Scarecrow:
President Bush was in Saudi Arabia yesterday to pursue the linchpin of his Administration's energy policy: He asked the Saudis to produce more oil. Roughly translated, the Saudis said, "No. We will do it only if it's in our interest, not yours."
As Hillary Clinton noted in last night's Democratic debate, Bush has been reduced to pathetically begging the Saudis to sell us more oil at nearly $100 per barrel. The image is even uglier when one realizes that some portion of that record price may consist of risk premia caused by the Administration's own war mongering, including pumping up an obviously ambiguous naval incident with Iran, another of the world's largest oil producers.