Bush and the oil crisis... Conflict of interests?
By Netmoney
@Netmoney (144)
United States
April 19, 2007 1:18pm CST
I want to know if you feel Bush has anything to do with oil and gas prices? I know his wealth revolves around oil, so do you think he's scratching the backs of these ever-profiting oil industries? If so, isn't that a conflict of interests? I know if I sold Mary Kay and tried to go sell Lancome at Dillard's they wouldn't allow that. Why do we allow this?
1 person likes this
5 responses
@Smith2028 (797)
• United States
19 Apr 07
No. Oil and gas prices are set by the oil producing nations.. and OPEC. Furthermore the price is going to fluctuate depending on what is going on in those nations.
Prices are high right now because of the tensions with Iran and it is summer. BUSH HAS NOTHING TO DO WITH IT.
2 people like this
@Smith2028 (797)
• United States
20 Apr 07
I'd say the oil industry ties do not affect him either. He USED to be in oil, but like every other President, he had to cut ties with them and I believe (May be inaccurate) that he actually cut ties before being Governor of Texas.
2 people like this
@MrNiceGuy (4141)
• United States
21 Apr 07
Bush doesn't make his money from oil... Why does everyone think so dubiously and cynically about the whole situation, working themselves up into these rhetorical rumors that they heard were true?
1 person likes this
@soccermom (3198)
• United States
20 Apr 07
I believe that even if it is in an indirect way Bush is partially responsible for the rise in oil and gas prices, but the blame also lies with the people that authorized him to go to war. Gas prices pre 9/11 averaged $1.66 per gallon in the US, after 9/11 they skyrocketed because of the additional tensions our invasion of Iraq brought. Granted right now they are climbing because of the situation with Iran, but I have to wonder if we would be where we are right now with Iran had we just left Iraq alone. We allowed it because nobody could predict the future when Bush was first elected. There is documentation that Bush was planning a way to attack Iraq long before September 2001, the terrorist attack just gave him an open door to do it. May I also add that it is not just oil land gas that has gone up but so has the price of gold.
@rdurusan (624)
• Philippines
21 Apr 07
I think Busch has an indirect connection to the rise of oil prices.Remember that dollar is the main source of money to buy oil,thats why its called petro dollar.He has connections to the oil producing countries like Saudi Arabia and the rest of the middle east producing countries.It is a cartel and the situations around the world,added to the prices of oil,which i think is artificial meaning its a design.The designers are the big oil companies,with the help of scattered war all over the world.All the wars around the world have one thing in common,America is there,involved and policing.
