Dick Cheney To Request Lower Oil Prices?

March 11, 2008

The Facts

Dick Cheney is on his way to Saudi Arabia, Oman, and Turkey to ask them to do something that will lower the price of oil. Presumably the fix will to be to increase production, something that only OPEC can do.  

My View

You have got to be kidding me!! Our Dick Cheney, Vice-President of the United States? The one man who is more responsible for the current price of crude oil than any other single individual on planet earth? Surely the report is talking about a different Dick Cheney.

I could write a whole volume on what Cheney has done for the oil & gas industry before and after he became Vice-President. Hell, he was the person who headed the energy task force in secret. This was the group that put together our current energy policy, the one that oil executives wrote after being invited to do so by Dick Cheney. You might find it interesting to see what oil and gasoline sold for when Cheney and Bush went into the White House versus what it is today. Shucks, Cheney could succeed in getting the prices lowered considerably and there would still be a huge wind fall for the oil companies. But wouldn’t it look good for his and Bush’s legacy during their last year as Emperor?

One article about his trip is here. If you like, you can read Jack Cafferty’s comments at his blog here.


lemming



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