Bush Family Oil Connections

Warriors did some random research. We wanted to know about any connections to the Oil industry between President Bush. We wanted to start a campaign to demand that Mexico trade some oil benefits to the United States to compensate for allowing the Illegals to rob the U.S. economy. We were surprised at what the cursory search showed. See the links above for some research.

Everyone should monitor any behind the scenes deals where by U.S. oil corporations would benefit from relations with Mexico over the Illegal Alien farce. U.S. taxpayers are the ones who should be given the break. We will continue to monitor and follow up.

4/10/06 George W. Bush quotes- ``We need to understand that we're a nation of immigrants" (Thanks for the info but... you left out the word legal) "And therefore, it makes sense to allow the good-hearted ...uh... people who are coming here to do jobs that... uh... Americans won't do a legal way to do so" (Americans won't do a legal way to do so? Double W speak)

"We want our Border Patrol agents chasing, you know...uh.. crooks and thieves and drug-runners and uh...terrorists, not good-hearted people who are coming here to work." (He left out the word legally at the end)

June 1977
George W. Bush formed his own oil drilling company, Arbusto Energy, in Midland, Tex. James R. Bath, a friend and neighbor, was used to funnel money from Osama bin Laden's brother, Salem bin Laden to set up George W. Bush in the oil business, according to The Wall Street Journal and other reputable sources.

Salem bin Laden, a close friend of the Saudi King Fahd had "invested heavily in Bush's first business venture," according to The Daily Mail (U.K.).

Bath found investors for Arbusto and "made his fortune" by investing the money of two BCCI-connected Saudi sheiks, Khalid bin Mahfouz and Salem bin Laden. Mahfouz was one of the richest men in the world and a controlling shareholder in BCCI.
Note: BCCI was not a bank. It was a drug and weapons conduit and money laundering operation fronting as a bank

Bill White, a former real estate business partner of Bath, said: "He had put up $50,000 to help George, Jr., get started in oil business" at a time when "Bath had no substantial money of his own," according to The Outlaw Bank. Shortly after Bush's father was appointed director of the CIA, Salem bin Laden appointed Bath as his business representative in Texas. (American Free Press, 10-07-01)

Accusations appeared that entrepreneur James R. Bath guided money to Houston from Saudi investors who wanted to influence US policy under the Reagan and Bush administrations. Tax documents and personal financial records show that Bath personally had a 5 percent interest in Arbusto '79 Ltd., and Arbusto '80 Ltd., limited partnerships controlled by George W. Bush, President Bush's eldest son. Arbusto means 'bush' in Spanish. Bath invested $ 50,000 in the limited partnerships, according to the documents. There is no available evidence to show whether the money came from Saudi interests.
Bush said that to his knowledge, Bath's investment was from personal funds, and no Saudi money was invested in Arbusto.

Bath, 55, a former U.S. Air Force pilot, declined to comment for the record. Spokesmen for FinCEN and the FBI also declined to comment. According to a 1976 trust agreement, drawn shortly after Bush was appointed director of the Central Intelligence Agency, Saudi Sheik Salem M. Binladen appointed Bath as his business representative in Houston. Binladen, along with his brothers, owns Binladen Brothers Construction, one of the largest construction companies in the Middle East. According to White, Bath told him that he had assisted the CIA in a liaison role with Saudi Arabia since 1976. Bath has previously denied having worked for the CIA . . . Bath received a 5 percent interest in the companies that own and operate Houston Gulf Airport after purchasing it on behalf of Binladen in 1977.

George W. Bush's company, Bush Exploration Co., general partner in the limited partnerships, went through several mergers, eventually evolving into Harken Energy Corp., a suburban Dallas-based company. Stock symbol HEC

1990
George W. Bush sells two-thirds of his Harken Energy stock at the top of the market for $850,000, a 200% profit, but makes no report to the SEC until March 1991. Bush Jr. says later the SEC misplaced the report. An SEC representative responds: "nobody ever found the 'lost' filing." One week after Bush's sale, Harken reports an earnings plunge. Harken stock falls more than 60%. Bush uses most of the proceeds to pay off the bank loan he had taken a year earlier to finance his portion of the Texas Rangers deal.

Saddam Hussein invades Kuwait. Harken's stock price drops substantially. Two months after Bush sells his stock, Harken posts losses for the 2nd quarter of well over $20 million and is shares fall another 24%, by year end Harken is trading at $1.25. Bush has insisted that he did not know about the firm's mounting losses and that his stock sell-off was approved by Harken's general counsel.

1992
First of Harken Energy's wells off Bahrain comes up dry. George W. Bush takes a leave of absence from the firm to work in his father's campaign, saying "I don't want to involve this company in any kind of allegations of conflicts or whatever may arise."

In his earliest known tie to the Enron Corporation, President Bush, then an oil man in West Texas, joined an energy drilling venture organized in 1986 by a subsidiary of Enron. The drilling operation which succeeded in striking oil and natural gas in Martin County came as Mr. Bush's company, the Spectrum 7 Energy Corporation, was struggling to stay afloat during a collapse in world oil prices. The company was also in final negotiations to be taken over by a Dallas-based company, Harken Energy. Executives involved in the drilling venture characterized it as an ordinary business deal. Enron Oil and Gas, then an exploration subsidiary with offices here in Midland, served as operator and majority partner. Mr. Bush's company, which had a 10 percent working interest in the deal, was one of a handful of minority investors . . . It is unclear whether Mr. Bush was involved in the deal because he controlled adjacent mineral leases or if Spectrum 7 was simply sought out as an investor. Bill Morrison, who ran the Midland office of Enron Oil and Gas at the time, said he recalled soliciting about 12 to 15 companies as potential investors in the project, including Spectrum 7. He said many companies, struggling for capital, declined the offer, but Spectrum 7, apparently with cash on hand, signed on for the 10 percent interest.

BUSH OIL FAMILY