Following his trip to Israel, US President George W. Bush on Friday held talks in Saudi Arabia with King Abdullah to discuss soaring oil prices and Iran's growing influence in the Arab world. (Story: P.Robert, P.Hall)
On his second visit to the world’s biggest oil-exporter this year, Bush renewed his appeal for more oil from OPEC amid rising pressure at home to take action as record fuel prices weigh on the
“The Saudi government has reiterated their policy that Saudi Arabia is willing to put on the oil market whatever oil is necessary to meet the demand of Saudi Arabia’s customers,” Bush’s national security adviser Stephen Hadley told reporters.
He said Saudi Oil Minister Ali al-Naimi had told Bush and other
Since Bush’s last visit to
White House spokeswoman Dana Perino said before the meeting that Bush would ask for an increase in supplies from OPEC, whose most influential member is
“Clearly the price of (gasoline) is too high for Americans ... We have not enough supply and too high demand. Trying to get more supply out there is good for everyone,” Perino said.
“We have had sluggish growth; with lower oil prices we could certainly have better growth.”
COMMON GROUND ON
As Bush flew into
“This agreement will pave the way for
The announcement came as Bush ended a three-day trip to
They then rode together in a limousine to the king’s sprawling horse farm outside
The two leaders are trying to improve ties that deteriorated in the aftermath of the Sept. 11 attacks in 2001 and the U.S.-led invasion of
As part of the new oil security arrangements announced on Friday, the White House said the two allies would conclude an agreement for broader cooperation between the Saudi Interior Ministry and the
Apart from agreements to cooperate on nuclear energy and oil security, the White House said Saudi Arabia had agreed to join two global initiatives—one to combat nuclear terrorism and another to fight the spread of weapons of mass destruction.
For his part, King Abdullah will be looking for reassurances on Bush’s commitment to push a $1.4 billion
Democrats have threatened to block the deal to pressure
Bush travels on to
Date created : 2008-05-16