Bush concern over high oil prices
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President George Bush, on the second day of a visit to Saudi Arabia, raises concerns over high oil prices.
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President Bush conceded that rising oil prices, the home mortgage crisis, and the weakening job market present new âeconomic challenges.â
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While consumers, presidential candidates and the stock and bond markets are focused on oil prices, the oil traders themselves are more concerned about volatility.
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Governments around the region are warning that rising oil prices have started to hurt their economies.
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Oil prices extended losses Wednesday, falling sharply as US President George W. Bush pressured OPEC to increase crude output to help cut the cost of energy.
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SINGAPORE: Oil prices have spiked up above $51 a barrel as increasing signs of an electoral victory for US President George W Bush raises the prospect of continued high demand in the world&#39;s biggest energy consumer.
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Oil prices inched closer to $50 a barrel Thursday even as the Bush administration considered tapping the nation&#39;s emergency stockpile of crude on behalf of refiners whose supply was disrupted by Hurricane Ivan.
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W. Bush raises the prospect of continued high demand in the world&#39;s biggest energy consumer. this week on speculation that a win by Democrat Senator John Kerry could usher in lower prices.
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President Bush used his visit to Saudi Arabia today to push for increased oil production to help the U.S. economy by forcing fuel costs down. "Oil prices are very high, which is tough on our economy," Bush said on the second day of his visit to the Islamic kingdom.
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Would oil prices really fall if Saudi Arabia and other OPEC countries raised their production as President Bush proposed Tuesday? Some questions and answers about prices at the pump:
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OPEC President Edmund Daukoru said on  Saturday he was very concerned by the fall in oil prices and it  presented the exporter group with issues to discuss at its  meeting on Monday.
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WASHINGTON -- The price of oil charged to a new high above $47 a barrel yesterday amid nagging concerns about instability in Iraq, the uncertain fate of Russian petroleum giant Yukos, and the world's limited supply cushion.
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The price of crude oil rose to a record high yesterday even as the Bush administration agreed to tap the nation&#39;s emergency oil stockpile because of supply problems caused by Hurricane Ivan.
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In mid-May with gasoline prices at $2.95 a gallon and rising, 15 percent of Americans listed high fuel prices as their top concern, outstripping terrorism. And much of the public seemed ready to vent its wrath on President Bush and the Republican-led Congress. According to this theory, the... Are...
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Oil prices approach record highs as the weak dollar and more worries about supply inflate prices.
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President Bush faces a potential currency crisis, in which a plunge in the dollar could set off economic waves around the world.
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With the price of oil and natural gas at nosebleed levels, you might imagine that energy policy would be a high priority in the current presidential campaign.