Saturday, August 29, 2015

Bush tells Arabs what he won't tell us: Oil's a goner

Bush tells Arabs to prepare for the end of oil

Bush tells Arabs what he won't tell us: Oil's a goner


This story ran in the British media (not the Weekly World News, but I couldn't resist the image) and I'm surprised that it hasn't received more play in the American press (although to be fair it is on the Drudge Report, so somebody will see it). I find it fairly remarkable:

PRESIDENT George Bush yesterday told leaders of the oil-rich states of the Middle East that they must face up to a future without their precious hydrocarbons.
In a stark warning, he said their supplies were running out and urged them to reform and diversify their economies. The outgoing United States president told the World Economic Forum, meeting in the Egyptian resort of Sharm el-Sheikh, that it was time to "prepare for the economic changes ahead."

Mr Bush's family name is inextricably linked to the oil industry, and this was his strongest statement yet on the future of global supplies.

He told the conference: "The rising price of oil has brought great wealth to some in this region, but the supply of oil is limited, and nations like mine are aggressively developing alternatives to oil.
What I find amazing is that:
A) Bush is absolutely 100 percent right here.
b) He's willing to deliver a message to his buddies in oil country that he won't deliver here at home. Oh, sure, he occasionally throws out a line about how we're "addicted to oil," so he can cover his backside for the verdict of history. In the real world, the Bush administration's slow-motion drive for higher fuel standards and his lackadaisical push for alternative energy -- a noble "war," as opposed to the dishonest and lethal one he chose to wage in the Middle East -- means that the day of reckoning for America and the world will come sooner rather than later.
And he won't even be able to say honestly, "I told you so."
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Will Bunch
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