Energy independence in US: don

WASHINGTON (RTRS): US President George W. Bush shocked world energy producers in 2006 when he pledged to slash America

As oil prices rose ever higher, Bush sought to distance himself from the industry, insisting that oil companies did not need tax breaks from Uncle Sam with crude oil prices soaring. But he has been unable to silence attacks from Democrats and others that his administration is cozy with Texas oil giants like Exxon Mobil Corp, which reported the highest-ever profit for a US company in the fourth quarter of 2007.

Arab Times