Bush fails to win Saudi help on gas prices
- added May 17, 2008
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RIYADH, Saudi Arabia - President Bush failed to win the help he sought from Saudi Arabia to relieve skyrocketing American gas prices Friday, a setback for the former Texas oilman who took office predicting he would jawbone oil-producing nations to help the U.S.
Bush got a red-carpet welcome to this desert kingdom, home to the world's largest oil reserves, and promised to ask King Abdullah to increase production to reduce pressure on prices, which soared past $127 for the first time Friday. But Saudi officials said they already were meeting the needs of their customers worldwide and there was no need to pump more.
Their answer recalled Bush's trip to Saudi Arabia in January when he urged an increase in production but was rebuffed.
Bush got a red-carpet welcome to this desert kingdom, home to the world's largest oil reserves, and promised to ask King Abdullah to increase production to reduce pressure on prices, which soared past $127 for the first time Friday. But Saudi officials said they already were meeting the needs of their customers worldwide and there was no need to pump more.
Their answer recalled Bush's trip to Saudi Arabia in January when he urged an increase in production but was rebuffed.
for more info go http://news.yahoo.com/s/ap/20080517/ap_on_re_mi_ea/bush...
Bush got a red-carpet welcome to this desert kingdom, home to the world's largest oil reserves, and promised to ask King Abdullah to increase production to reduce pressure on prices, which soared past $127 for the first time Friday. But Saudi officials said they already were meeting the needs of their customers worldwide and there was no need to pump more.
Their answer recalled Bush's trip to Saudi Arabia in January when he urged an increase in production but was rebuffed.
Bush got a red-carpet welcome to this desert kingdom, home to the world's largest oil reserves, and promised to ask King Abdullah to increase production to reduce pressure on prices, which soared past $127 for the first time Friday. But Saudi officials said they already were meeting the needs of their customers worldwide and there was no need to pump more.
Their answer recalled Bush's trip to Saudi Arabia in January when he urged an increase in production but was rebuffed.
for more info go http://news.yahoo.com/s/ap/20080517/ap_on_re_mi_ea/bush...
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