President Bush Wants Lower Oil Prices

WHITE HOUSE (AP) -- Count President Bush among those who'd like to see a drop in the price of oil.

With crude oil prices crossing $90 a barrel, the White House says the president "certainly would like to see the price of oil lower."

But at the same time, a White House spokesman is playing down the $90 mark, saying "There's no magic" to the number.

A White House spokesman says Bush would also like to see the United States cut its dependence on oil imports.

Crude oil prices have hit new record highs each of the last five days. They topped $90 a barrel for the first time last night in after-hours trading in New York.

(Copyright 2007 by The Associated Press. All Rights Reserved.)


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