Cheney: Domestic solutions on energy must be found
Published:
22 May 2001 y., Tuesday
During the presidential campaign, George W. Bush was adamant that the OPEC cartel open its spigots and lower prices. But when members of the oil producing nations meet in June, U.S. officials won’t make those demands, Vice President Dick Cheney said Sunday. The key to solving the energy crisis is to create more refineries, he said on NBC’s “Meet the Press.” “The best way to address problems is at home.”
Cheney said that prices of crude oil had actually been pretty stable and that the United States wanted to see more stability. He said oil prices — $25 to $29 a barrel — were lower now than they were in the 1980s. Any drop in prices by OPEC would eventually shoot up again, he said, and any large decreases may prevent OPEC nations from discovering new oil fields. The real problem with gasoline prices is that the United States has a very tight processing and distribution system, Cheney said, arguing that a lack of new refineries — combined with strict air quality measures — has hindered production.
Cheney’s comments are a stark contradiction to the campaign stance of President Bush, who during a January 2000 debate said U.S. pressure on OPEC was necessary.
Šaltinis:
msnbc.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
President Dalia Grybauskaitė sent a letter to the participants of the ceremony of unveiling a commemorative plaque in Washington Square in Vilnius to mark the seventieth anniversary of the US Department of State Declaration on the Non-Recognition of the Annexation of the Baltic States.
more »
President Dalia Grybauskaitė on behalf of herself and the people of Lithuania extended congratulations to His Majesty Albert II, King of the Belgians, on the occasion of Independence Day.
more »
On 20 July at the international conference on Afghanistan in Kabul, Lithuania’s Minister of Foreign Affairs Audronius Ažubalis affirmed that Lithuania would continue fulfilling commitments and contributing to the stabilization and development of Ghor Province.
more »
President Dalia Grybauskaitė presented letters of credence to Žygimantas Pavilionis, Ambassador Extraordinary and Plenipotentiary of Lithuania to the United States of America.
more »
Lithuania’s Minister of Foreign Affairs Audronius Ažubalis welcomed the official launch of European Union-Georgia talks on Association Agreement.
more »
Lithuania’s honorary consuls are expected to contribute consolidated efforts to achieving today’s key tasks of Lithuania’s economic diplomacy – the promotion of Lithuanian exports and attraction of foreign direct investments.
more »
Victory in the Battle of Grunwald (Žalgiris) stands as a symbol signifying the hope of the Lithuanian people to seek freedom and independence, President Dalia Grybauskaitė underlined at the celebration of the 600th Anniversary of the Grunwald Battle.
more »
President Dalia Grybauskaitė, together with Polish President-elect Bronisław Komorowski and prominent Polish state and public figures, took part in the festive celebration of the 600th Anniversary of the Battle of Grunwald (Žalgiris).
more »
Yesterday evening, after the wreath-laying ceremony at the Grunwald Monument and the opening of a special exhibition at the Wawel Royal Castle in Kraków, President D. Grybauskaitė of Lithuania and President-elect B. Komorowski of Poland had a working dinner together.
more »
Wednesday, 14 July, the President of the Republic of Lithuania, Dalia Grybauskaitė, is to meet with her Romanian counterpart, Traian Băsescu, who is to pay an official visit to Lithuania.
more »