President Bush Calls for More Oil Exploration at Home
By SHERYL GAY STOLBERGSHARM EL SHEIKH, Egypt — President Bush said Saturday that Saudi Arabia’s decision to boost oil production by 300,000 barrels a day is “something, but it doesn’t solve our problem,” and he called again on Congress to approve legislation allowing more oil exploration at home.
Thomas Lippman of the Middle East Institute explains why he's right that it won't solve out problem, but is alos wrong because domestic exploration won't solve it either.
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