Hand Shake Or Hand Job
TAGS: oil, bush
Even before the most recent jump at the pump, the doubling of the cost of a barrel of oil led the alleged free-market conservative President to create a big-government program designed to ease citizen frustration. He even used part of this year's State of the Union address to ensure maximum reach:
America is addicted to oil, which is often imported from unstable parts of the world. The best way to break this addiction is through technology.
[...]
So tonight, I announce the Advanced Energy Initiative -- a 22-percent increase in clean-energy research -- at the Department of Energy, to push for breakthroughs in two vital areas. To change how we power our homes and offices, we will invest more in zero-emission coal-fired plants, revolutionary solar and wind technologies, and clean, safe nuclear energy.
[...]
Breakthroughs on this and other new technologies will help us reach another great goal: to replace more than 75 percent of our oil imports from the Middle East by 2025. By applying the talent and technology of America, this country can dramatically improve our environment, move beyond a petroleum-based economy, and make our dependence on Middle Eastern oil a thing of the past.
The MBA/CEO President either didn't understand or didn't think it politically beneficial to acknowledge the reality of the global oil market, an omission that surprisingly became an issue the very next day. The combination of the over-hyped claim of energy independence and the stunned, disapproving reaction from our Saudi dealers forced a near-immediate walkback:
"This was purely an example," Energy Secretary Samuel Bodman said.
He said the broad goal was to displace foreign oil imports, from anywhere, with domestic alternatives. He acknowledged that oil is a freely traded commodity bought and sold globally by private firms. Consequently, it would be very difficult to reduce imports from any single region, especially the most oil-rich region on Earth.
Asked why the president used the words "the Middle East" when he didn't really mean them, one administration official said Bush wanted to dramatize the issue in a way that "every American sitting out there listening to the speech understands."
While most Americans are still complaining about the assorted limbs they exchange at Exxon every week, (every day for those overcompensating with Hummers) the Saudis aren't worried:
"When that statement came out we got in touch with the White House," [said] Saudi Ambassador Prince Turki Al-Faisal.
[...]
Bush later sent a letter to Saudi King Abdullah pledging to honor a 2005 agreement the two reached at Bush's ranch in Crawford, Texas, Al-Faisal said. His remarks provided new details on how the White House smoothed relations with the Saudis after Bush's speech.
[...]
"I can tell you that the President ... sent a letter to King Abdullah affirming his commitment to the agreement that they had reached in the April 2005 meeting in Crawford," he said.
In that Crawford meeting, Abdullah, then the Saudi Crown Prince, walked arm-in-arm with Bush and both pledged to cooperate on future energy issues.
Is it surprising that the President is choosing to keep his word to King Abdullah while breaking his SOTU pledge with his constituents? The American public didn't get a handshake; Abdullah got to hold hands and go for a stroll...















































mydogfarted
Waldwick, NJ
June 2003
JUN 21, 2006 12:21 PM
mrpenbrook
Oak Park, IL
February 2004
JUN 21, 2006 12:35 PM
ZPO
Olympia, WA
July 2004
JUN 21, 2006 01:29 PM
BurningKrome
San Jose, CA
April 2005
JUN 21, 2006 10:37 PM
Adroitbeing
I'm lost
September 2003
JUN 22, 2006 02:30 PM
Adroitbeing
I'm lost
September 2003
JUN 22, 2006 02:36 PM