Wednesday, August 31, 2005

Jawboned!

In 2000, when oil prices "spiked" to $28 a barrel, G.W. Bush said the following, speaking of President Clinton:

"What I think the president ought to do is he ought to get on the phone with the OPEC cartel and say we expect you to open your spigots. One reason why the price is so high is because the price of crude oil has been driven up. OPEC has gotten its supply act together, and it's driving the price, like it did in the past. And the president of the United States must jawbone OPEC members to lower the prices."

He also intimated that he would remind his friends in the Mid-East that his pop had recently saved their lamb (bacon is not hallal) and they owed it to us.

Well, it's 2005 and oil is over $70 a barrel.

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