Saturday, May 17, 2008

Striking Out on Energy

Striking Out on Energy
"ExxonMobil chairman and CEO Rex Tillerson said it’s “astonishing” that Bush keeps asking Saudi Arabia to pump more oil, rather than working harder for increased oil production at home.

Tillerson called this “terribly upside down,” and went on to say the president should be fighting to open U.S. coastal waters to drilling and production on the outer continental shelf. He correctly wants to end the federal moratorium on such off-shore drilling, where kajillions of barrels of oil and natural gas are being completely ignored."

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