President Bush spoke at a rountable of Saudi entrepreneurs at the US Embassy in Riyadh on Tuesday. From Breitbart:
He said he planned to discuss with King Abdullah "the fact that oil prices are very high, which is tough on our economy."
"And that I would hope, as OPEC considers different production levels, that they understand that if their -- one of their biggest consumers' economy suffers -- it will mean less purchases, less oil and gas sold."
Bush's warning had an instant impact on world oil prices, with New York's main contract, light sweet crude for delivery in February, slipping 10 cents to 94.10 dollars per barrel.
