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Bush rhetoric on energy strays from facts

Bush renewed his call for oil drilling in Alaska's wildlife refuge

Associated Press

By H. JOSEF HEBERT
The Associated Press
 

WASHINGTON (AP) — President Bush put politics ahead of the facts Tuesday as he sought to blame Congress for high energy prices, saying foreign suppliers are pumping just about all the oil they can and accusing lawmakers of blocking new refineries.

Bush renewed his call for drilling in an Arctic wildlife refuge, but his own Energy Department says that would have little impact on gasoline prices.

THE SPIN:

Asked what he is doing to try to get Saudi Arabia to pump more oil, Bush didn't answer directly. "We've got to understand there's not a lot of excess capacity in the world right now," he said. Blaming "the lack of refinery capacity" for high energy prices, he said Congress has rejected his proposal to use shuttered military bases for refinery sites.

FACT:

Global oil supplies are tight, in part because OPEC nations including Saudi Arabia are refusing to open their spigots. But Saudi Arabia has considerable additional production capacity. It's pumping a little over 8.5 million barrels a day, compared to about 9.5 million barrels a day two years ago and has acknowledged the ability to produce as much as 11 million barrels a day.

On refineries, Congress has ignored Bush's proposal to use closed military bases. But the oil companies haven't shown much interest in building refineries either and have dismissed suggestions that military bases might be of use. They note, for example, that few bases are near pipelines needed to bring crude in and move finished product out.

When top executives of the country's five largest oil companies earlier this month were asked at a House hearing whether they wanted to build a new refinery, each said no.

Read the rest of the story here, on The Oregonian's website.

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