George H.W. Bush: “I will tell you with $55 oil, $55 a barrel of oil, we do not need…”

On the recordJune 25, 2013

I will tell you with $55 oil, $55 a barrel of oil, we do not need incentives to the oil and gas companies to explore. There are plenty of incentives.

Said by

Republican · Texas

Source

Bush's past statement on oil prices and the need for exploration incentives.

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George H.W. Bush: “I will tell you with $55 oil, $55 a barrel of oil, we do not need incentives to the oil and gas companies to explore.…”