President Obama: Boost Oil Output, Just Someplace Else

By April 27, 2011Energy

From Associated Press,”Obama says he wants oil producers to boost output“:

Amid a surge in the cost of gasoline, President Barack Obama said Tuesday he is calling on major oil producers such as Saudi Arabia to increase their oil supplies and lower prices, warning starkly that lack of relief would harm the global economy.

“We are in a lot of conversations with the major oil producers like Saudi Arabia to let them know that it’s not going to be good for them if our economy is hobbled because of high oil prices,” Obama said in an interview with a Detroit television station.

One would have thought the President would urge Saudi Arabia to discourage oil production and move quickly to a “clean energy” economy.

Join the discussion One Comment

Leave a Reply