Bush blames Clinton, supports oil price probe
The Associated Press
June 22, 2000
George W. Bush voiced support for an investigation of soaring gasoline prices, but he put most of the blame on the Clinton administration's failure to convince foreign crude producers to "open the spigots."
"I do think it's fair to have the FTC (Federal Trade Commission) investigate," Bush told reporters Wednesday, adding that the results would be "healthy" for the debate about prices that have climbed above $2 per gallon in Chicago and Milwaukee.
Bush, a former oilman who has built strong political ties to oil companies as Texas' GOP governor, said the "main reason" gasoline prices are up is the administration's inability to spur the Organization of Petroleum Exporting Countries to increase crude oil production.
"I would hope the administration could convince our friends at OPEC to open up the spigots," said Bush. "That's what diplomacy is all about."
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