U.S. Energy Secretary Sam Bodman has pleaded with Saudi Arabia for more oil, undeterred by OPEC’s cautious response to Washington’s request so far.
Bodman told reporters in Abu Dhabi there were short-term concerns about the performance of the U.S. economy and he was hopeful Riyadh would steer a decision to increase oil supplies at OPEC’s meeting on February 1 in Vienna.
“I continue to believe in my earlier statement that we are hopeful they will increase supplies,” he said. “I am of the view that there needs to be increased supply in order to call the markets of the world well supplied with oil.”
Bodman’s appeal came days after U.S. President George W. Bush asked for more oil on a separate visit to Riyadh, and less than two weeks before OPEC’s next meeting.
Time to break that addiction George… it would be a whole lot easier than getting out the begging bowl…