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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: pompsander who wrote (756492)	12/28/2006 12:27:52 AM
From: DuckTapeSunroof	Respond to of 769670

"My question remains...why didn't the President and congress jawbone the oil companies into developing some new refineries on cheap, available domestic sites, spread across the country instead of on the gulf coast?" I believe, Sir, that you may be OVER-estimating both the power of this President's ability to 'jawbone' large multi-nationals into taking major actions that they perceive to be uneconomic... and (perhaps) you over-estimate his will to squeeze those who 'brung him to the dance'. (We didn't see him leaning on FERC to enforce the law and stop Enron-style gaming of the power markets, nor leaning on Detroit over fuel efficiency, nor any pressure on Oil interests in other areas... so why would you expect any now?)