http://www.fpif.org/papers/03petropol/politics.htmlBy Michael Klare
Foreign Policy In Focus
"When first assuming office in early 2001, President George W. Bush’s top foreign policy priority was not to prevent terrorism or to curb the spread of weapons of mass destruction—or any of the other goals he espoused later that year following the September 11, 2001 attacks on the World Trade Center and the Pentagon. Rather, it was to increase the flow of petroleum from suppliers abroad to U.S. markets. In the months before he became president, the United States had experienced severe oil and natural gas shortages in many parts of the country, along with periodic electrical power blackouts in California. In addition, oil imports rose to more than 50% of total consumption for the first time in history, provoking great anxiety about the security of the country’s long-term energy supply. Bush asserted that addressing the nation’s “energy crisis” was his most important task as president.
He and his advisers considered the oil supply essential to the health and profitability of leading U.S. industries. They reasoned that any energy shortages could have severe and pervasive economic repercussions on businesses in automobiles, airlines, construction, petrochemicals, trucking, and agriculture. They deemed petroleum especially critical to the economy because it is the source of two-fifths’ of the total U.S. energy supply—more than any other source,—and because it provides most of the nation’s transportation fuel. They also were cognizant of petroleum’s crucial national security role as the power for the vast array of tanks, planes, helicopters, and ships that constitute the backbone of the U.S. war machine.
“America faces a major energy supply crisis over the next two decades,” Secretary of Energy Spencer Abraham told a National Energy Summit on March 19, 2001. “The failure to meet this challenge will threaten our nation’s economic prosperity, compromise our national security, and literally alter the way we lead our lives.”
The energy turmoil of 2000-2001 prompted Bush to establish the National Energy Policy Development Group (NEPDG), a task force of senior government representatives charged with developing a long-range plan to meet U.S. energy requirements. To head this group, Bush picked his closest political adviser, Vice President Dick Cheney. A Republican Party stalwart and a former secretary of Defense, Cheney had served as chairman and chief executive officer of the Halliburton Co., an oilfield services firm, before joining the Bush campaign in 2000. As such, Cheney availed himself of top executives of energy firms, such as Enron Corp., for advice on major issues.
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