But Saudi oil minister Ali al-Naimi said Friday it had decided a week before Bush’s visit to raise production by 300,000 barrels a day to 9.45 million barrels a day and didn’t see any need to do more. Energy analysts called the boost a token — it represents just 3 percent of the total — and it was seen as a rebuff, if a gentle one, of Bush by Abdullah.
Still, the president steered clear of criticism of the Saudis. He noted they are increasing refining capacity as well as pumping more oil.
“It’s not enough. It’s something but it doesn’t solve our problem,” Bush said. “One of the interesting things about American politics is, those who are screaming the loudest for increased production from Saudi Arabia are the very same people who are the fighting the fiercest against domestic exploration, against the development of nuclear power and against expanding refining capacity.” “
Listen up, people. Stop whining about the damned price of oil. We are responsible for its price. It’s simple–it’s called supply and demand. The economic solution is to consume less oil. Recycle your goddamned plastic Diet Coke bottle, turn off your lights, and ride a bike or the bus. Use less energy, and lower prices will surely follow.
-MC Spanky McGee