PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: JEB who wrote (241171)	3/23/2002 2:28:53 PM
From: Raymond Duray	Read Replies (2) of 769667

JEB, Re: I've read similar papers on the emergence of Russian oil. I know we are investing now in their oil infrastructure. I know it is in response to the Saudi squeeze in 2000. No, it is quite a bit more profound than merely a response to the "squeeze of 2000". It's an effort to weaken the grip of OPEC on the world's swing production. Ever since the first energy "Crisis" of 1973, a crisis created in response to Israeli aggression against Arab states, the U.S. has been trying with quite a bit of success to curtail the cartel power of OPEC. This will be a constant theme of U.S. foreign policy for the foreseeable future. -Ray

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