Angie Craig: “In a back room, the President of the United States has been sitting down with a Saudi Arabian sheik. Here is why: He is…”

“In a back room, the President of the United States has been sitting down with a Saudi Arabian sheik. Here is why: He is begging. The President of the United States is begging a Saudi sheik to reach over and turn their oil spigot on a little more and increase their output of oil by about 700,000 barrels a day. Why? Because in the last few days, crude prices have spiked to an all-time high of $35.39 a barrel. Why has that happened? Because the market has analyzed that there isn't enough oil and the demand is ever increasing, and there is no strategy in this country to solve it. In May and June of this year, the President tried to cover his tracks by sending the Secretary of Energy to Saudi Arabia to beg, tin cup in hand. At that time, I think the press called it the 'tin cup energy policy' of this administration. Well, today in New York City, behind closed doors, the President of the United States--this great and all-powerful country--is begging a small country in the Middle East for just a little more oil.”