Bush Administration Official: Middle East Oil Supplies "Precarious" After 2008
Mr. Cheney was recently sent to Central Asia and other regions to coax allies to significantly increase supplies to stabilize U.S. gasoline prices for the summer. Administration sources said Mr. Cheney has run into significant difficulties as he has found that many of the potential suppliers have become committed to China.I wonder why they chose 2008.
"We're in a race with China and so far we're losing," an administration source familiar with Mr. Cheney's trip said.
They said Mr. Cheney's visit to Central Asia was based on the assessment of the U.S. intelligence community that Middle East oil supplies will become increasingly precarious after 2008.