There is an Article in TIME magazine where the take Mr. Bush to task on this issue and Bush says it totally okay for OPEC to price fix. Bush isn't for price caps of any kind and...

There was a study done - if you noticed the price of oil was going up during the last year that Bill Clinton was in office - around March of 2000 (oil price started increased sharply).

Bush loves to tell Americans that the recession started when Clinton was in office around March 2000.

This study that done said for some strange reason oil was being shipped out of the US or being diverted away from US ports. The plan was to stop the US from ever having a “glut of oil” in market again in order to price fix. The oil crisis was very much an artificial application. Bush and his cronies help the oil companies planned for price fixing so it wasn't just California that other west coastal states that got taking the cleaners in the energy dept – it was all of the US. Noticed how energy companies started building a lot of energy plants around the US at this same time. There is some talk about using windmills to generated electricity since windmill generation has come a long way, in fact a study was done that said if the some of the Indian tribes in the Midwest were to build windmills, they could generate as much as 80% of nations electrical needs.

The fossil fuel companies wanted to put a stop to that windmill idea. Bush was their answer and that’s why folks should really be questioning Bush v. Gore. Bush’s raise to power was very much a planned event by fossil fuel industrialist.
Cheryl | 09.27.03 - 11:50 am | #

Bush also made comments that he supported OPEC's production cuts back in 2001, as noted in the column "Feeling OPEC's Pain" by Paul Krugman (included in The Great Unraveling). Key quote:

"Recently Mr. Bush was asked about the decision of the Organization of Petroleum Exporting Countries to reduce output by a million barrels a day. That's about as much as the Department of Energy's estimate of peak daily production if we drill in the Alaskan tundra — a peak that won't come until the middle of the next decade. And OPEC cut production in order to keep oil prices high despite slumping world demand, which would seem to be against U.S. interests.

"Yet Mr. Bush was remarkably sympathetic to OPEC's cause; it seems that he feels the oil exporters' pain. 'It's very important for there to be stability in a marketplace. I've read some comments from the OPEC ministers who said this was just a matter to make sure the market remains stable and predictable,' he declared. Just in case you wonder whether this was really an endorsement of price-fixing, or whether Mr. Bush was just being polite, his spokesman, Ari Fleischer, left no doubt: 'The president thinks it's important to have stability, and stability can come in the form of low prices, stability can come in the form of moderate prices.'

"This is the same man who boasted during last year's campaign that he would force OPEC to 'open the spigot.' Did OPEC take Mr. Bush's remarks as a green light for further cuts? According to one oil analyst interviewed by Reuters, Mr. Bush's apparent expression of support for their efforts to keep prices high 'excited a lot of OPEC ministers.'

"Funny, isn't it? When California complains about high electricity prices, it gets a lecture about how you can't defy the laws of supply and demand. But when foreign producers collude to prevent prices from falling in the face of an oil glut, the administration not only signals its approval but endorses the old, discredited theory that cartels are in consumers' interest."

The whole column is online at pkarchive.org. Click on columns, then scroll to August 5, 2001.
Dimmy Karras | Homepage | 09.27.03 - 12:07 pm | #

Two big problems
First the US fucked with Chavez.
Second, the US drove the Saudi's into the arms of the Russians.
No one in OPEC will tolerate a call from Bush asking for price reductions.
Hell, they just opted to reduce production, why change?
POS | 09.27.03 - 12:28 pm | #

Another Bush policy success!!
Alex | 09.27.03 - 12:33 pm | #

Bush/Cheney 2004: Winning the war on the American consumer, one barrel at a time...
NTodd | Homepage | 09.27.03 - 12:38 pm | #

The answer my friend

Is blowing in the wind.
Shaun | 09.27.03 - 12:54 pm | #

Cough.
Peter Scoff | 09.27.03 - 12:56 pm | #

The answer my friend

Is blowing in the wind.
Shaun

Not alone.
Lunar/Tidal power looks interesting.
Anonymous | 09.27.03 - 1:59 pm | #

A mighty wind is blowin'
It's blowin' you and me!
dave | Homepage | 09.27.03 - 2:10 pm | #

I always comment to fellow pumpers at the gas station "I thought w promised to keep gas prices down."
esther | 09.27.03 - 3:38 pm | #

george the brilliant negotiator.
pansypoo | Homepage | 09.27.03 - 4:44 pm | #

I'm confused. Is this man the President? I mean, of the United States?
Unfair, grossly biased Jon | 09.27.03 - 5:05 pm | #