A Quote by Ron Wyden
The Bush administration did stop filling the reserve in 2002 when it helped the oil industry. Now they should do it to help the consumer.
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I think we have to ask this administration, and the President specifically, about using their political capital now to stand up for the American consumer who is getting clobbered by these gasoline and oil prices.
It now becomes clear why the Bush Administration has been vigorously opposing congressional hearings. The Bush Administration has been engaged in a conspiracy of silence.
Who was it in Afghanistan who screwed up in Tora Bora and let bin Laden escape? It was the Bush Administration. Who leached all the resources, military and civil, from Afghanistan, creating the instability that we see there today in order to prepare for the misbegotten invasion of Iraq? It was the Bush administration. If there's a terrorist problem today, who is responsible now? Bush has not done the job.
The U.S. only has 20 billion barrels of oil in reserve. It seems as though there is no more oil around. Venezuela has 300 billion barrels of oil in reserves. Iraq has, like, 150 billion barrels of oil. Iran, close to 300 billion barrels of reserve. Oil for 200 years, of course.
I watched the Bush administration overreact to the Clinton administration, who believed they did too much nation building, sustaining other countries, and that's why we never put the commitment on Afghanistan and Iraq that should have been in there under their policy leadership.
The Bush administration and Congressional Republicans have failed to bring up comprehensive energy reform or any piece of legislation for that matter that would lower gas prices, opting instead to give massive subsidies to the oil and gas industry.
The Bush administration and Congressional Republicans have failed to bring up comprehensive energy reform or any piece of legislation for that matter that would lower gas prices, opting instead to give massive subsidies to the oil and gas industry
You know, if we're going to bring down the price of gas, you have to have three things. You have to have a big reserve, you have to have the ability to develop oil out of that reserve quickly, and you have to be able to produce oil at a relatively low cost.
My heart breaks living in southern Utah on the edge of America's Redrock Wilderness, witnessing what the Bush Administration's policies regarding oil and gas exploitation are doing to our public lands that belong to all Americans. Their policy is not about the public or the public's best interest. It is about the oil and gas corporations' best interests. The Secretary of the Interior is urging the Bureau of Land Management to support the gas and oil industry's most extreme drilling scenario in some of the American West's most pristine and fragile areas without proper legal and public input.
In my humble opinion, we should now have reached peak oil. So it is high time to close this critical chapter in the history of international oil industry and bid the mighty peak farewell.
The Clinton administration opened the doors for Bush Junior in ways that Junior's father never did. Aside from the obvious Oedipal things going on with Bush Junior, his father hasn't been a big help to him. But Clinton certainly has. When Bush talks about his "other father," people are assuming that he's talking to the supreme deity. But I think that maybe it's Clinton who's on the speed dial.
Since losing his reelection in 2002, Barr has lost not only his power but also many of his friends. It doesn't help that after alienating nearly every Democrat with impeachment, he spent the next five years alienating his fellow Republicans - railing against the invasion of Iraq, the PATRIOT Act, and the Bush administration in general.
Did you loathe and detest the Bush administration? If so, you'd probably say its ideas were horrible and their execution worse. Did you not loathe and detest the Bush administration? In that case, you might say its ideas were pretty good - only the execution often left something to be desired.
We need financial regulation that allows businesses and the banks they use to have access to the tools that help keep prices of consumer goods - like groceries and home heating oil - steady, while ensuring that the taxpayers are never again on the hook for the types of wild bets that helped crash the economy in 2008.
Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans.
In 2002 the [George] Bush administration effectively put an end to negotiations of an agreement which would have established inspection procedures to ensure or to monitor compliance with the existing legal ban on biological weapons.
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