
Well, he did bow so how can they say no?
(E2 Wire) — President Obama on Tuesday said the administration is pushing Saudi Arabia and other countries to boost their oil production.
“We are in a lot of conversations with the major oil producers like Saudi Arabia to let them know that it’s not going to be good for them if our economy is hobbled because of high oil prices,” Obama told a Detroit TV station, according to The Associated Press.
The Wall Street Journal reports that oil markets are watching Fed Chairman Ben Bernanke.
