G.W. Bush: Drill More Oil to Combat Higher Gas Prices

Wednesday, 27 Apr 2011 01:04 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Former President George W. Bush expressed support for more oil drilling as a way to counteract higher gasoline prices in an interview on ABC, Politico reports.

George W. Bush, oil, drill“I would suggest Americans understand how supply and demand works. And if you restrict supplies of crude, the price of oil is going to go up, and it affects gasoline,” Bush said. Oil prices have jumped to a 31-month high above $113 a barrel in recent days, and gas prices have topped $4 a gallon in some cities.

He also voiced approval for President Barack Obama’s decision to appoint Gen. David Petraeus as CIA director and Leon Panetta as defense secretary.

“Both of them are good public servants, and I wish them well,” Bush said.


© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Border Patrol Agent Fires at Armed Militia Member

Friday, 29 Aug 2014 20:14 PM

The Border Patrol says an agent shot at someone near the Texas-Mexico border who later identified himself as a militia m . . .

Calif. Senate Approves Sweetened Tax Credits For Hollywood Studios

Friday, 29 Aug 2014 19:50 PM

The California State Senate has approved legislation on a 32-2 vote to extend and expand California's movie and TV tax c . . .

Groups Appeal GOP-Backed Fla. Congressional Maps, OK 2014 Vote

Friday, 29 Aug 2014 19:35 PM

A coalition of voters rights organizations that successfully sued Florida over gerrymandering is appealing the state's n . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved