High oil prices tough on economy, Bush says
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President George W. Bush said on Tuesday oil prices were "very high" and tough for the U.S. economy to bear.
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Record oil prices are creating  headwinds for the U.S. economy but do not place its recovery at  risk, Dallas Federal Reserve Bank President Robert McTeer said  on Monday.
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Oil prices are starting to have an impact on the level of economic activity in the United States, but it is too early to say the economy has entered a recession, Energy Secretary Sam Bodman said on Wednesday.
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Oil prices are starting to have an impact  on the level of economic activity in the United States, but it  is too early to say the economy has entered a recession, Energy  Secretary Sam Bodman said on Wednesday.
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KANSAS CITY, Missouri  - President George W. Bush on Friday said there were troubling signs that the economy is weakening and urged Congress to move on a stimulus package to help prop up the economy, which has been hit hard by a housing slump and credit crisis.
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DAYTON, Ohio  - The Bush administration said  Monday it is closely monitoring U.S. crude oil prices, which  traders said could soon top $50 a barrel on worries about  supplies.
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Record oil prices are having a limited impact on the global economy but the risk of economic disruption remains high, the head of the International Monetary Fund said Thursday.
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President George W. Bush said on Wednesday that an excessive number of lawsuits and overregulation were hurting the competitiveness of U.S. financial markets.
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Record oil prices are unlikely to inflict the economic pain they did in the 1970s, Federal Reserve Chairman Alan Greenspan said Friday, adding that he thought the world could adjust to higher-priced oil.
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President George W. Bush on Thursday said he would consider "all options" to help the U.S. economy weather a deep housing slump but the economy was fundamentally strong.
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WASHINGTON -- High oil prices, a factor in virtually all US recessions over the past three decades, are surging again this year. And the higher crude oil prices climb, the more risk energy costs pose to what, until recently, many expected to be a banner year for the US economy.
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The White House reiterated on  Tuesday that it considered energy prices too high but said the  economy would weather the impact.
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The president of OPEC said yesterday that oil prices are too high to allow a cut in output when it meets this weekend.
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CRAWFORD, Texas  - President Bush's economic  advisers warned on) Sunday that high energy prices have become  a drag on the U.S. economy and not a threat to growth, chipping  away at Bush's upbeat election-year projections and increasing  pressure on him to act.
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President Bush on Tuesday nudged OPEC powerhouse Saudi Arabia and other cartel members to produce more oil, recognizing that soaring prices are straining the US economy
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WASHINGTON - Oil costing roughly $53 a barrel is a major drag on the U.S. economy, and Arab finance ministers have told the Bush administration they are committed to bringing the price down, Treasury Secretary John Snow said Sunday...
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President George W. Bush said on Tuesday  that more oil from OPEC would help ease the pain to consumers  of high energy prices, applying more pressure on Saudi Arabia  to do something to tame prices.