Thursday, January 17, 2008

Fred ThompsonCriticizes Appeal to Saudis

Thompson criticizes appeal to Saudis

Wed Jan 16, 2008 8:08pm EST


WASHINGTON (Reuters) - Appealing to Saudi Arabia to encourage higher oil production to help lower prices is not in the long-term interest of the United States, Republican presidential candidate Fred Thompson said on Wednesday.

The White House said President George W. Bush hopes that as a result of his talks this week with King Abdullah of Saudi Arabia, OPEC would be encouraged to increase production to help alleviate high oil prices, which have touched $100 a barrel.

Appearing on CNN, Thompson was asked whether, as president, he would turn to Saudi Arabia for help as Bush did.

Thompson, a former Tennessee senator, said the problem was a "little bigger" than Saudi Arabia.

"It's not in the United States' long-term interest to go hat in hand begging people to do things that in the end we know they're not going to do," Thompson said.

"What we need to concentrate on is diversifying our own energy sources here in this country and opening up what oil reserves that we have here ... using nuclear more, using clean coal technology more and all the other things that we can do," Thompson said. [more here]

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