OPEC on Wednesday accused the U.S. of economic "mismanagement" it said is pushing oil prices to new record highs, rebuffing calls to boost output and laying the blame at the feet of the Bush administration.
OPEC President Chakib Khelil told reporters the global market is being affected by what he called "the mismanagement of the U.S. economy," and that America's problems were a key factor in the cartel's decision to hold off on any action.
"If the prices are high, definitely they are not due to a lack of crude. They are due to what's happening in the U.S.," Khelil said. "There is sufficient supply. There's plenty of oil there."
Buried in President Bush's proposed budget for next year is a story of broken promises. It's a story that puts our nation's honor -- and our environment, economy and families -- on the line.
Androgen deprivation therapy, commonly used in the treatment of prostate cancer, may actually make cancer more likely to spread to other parts of the body, according to a study conducted at Johns Hopkins University School of Medicine and published in the journal Cancer Research.
Voters in two Vermont towns approved measures Tuesday calling for the indictment of President Bush and Vice President Dick Cheney for what they consider violations of the Constitution.
After failing to anticipate Hamas’s victory over Fatah in the 2006 Palestinian election, the White House cooked up yet another scandalously covert and self-defeating Middle East debacle: part Iran-contra, part Bay of Pigs. With confidential documents, corroborated by outraged former and current U.S. officials, David Rose reveals how President Bush, Condoleezza Rice, and Deputy National-Security Adviser Elliott Abrams backed an armed force under Fatah strongman Muhammad Dahlan, touching off a bloody civil war in Gaza and leaving Hamas stronger than ever.
