President George W. Bush discussing the energy crisis and the EU: “I had an opportunity to explain to the President that our nation faces an energy crisis, and it’s a serious issue. We’ve got incredible trading opportunities between our nations and between the United States and the EU. In order for us to be active traders, our nation’s economy must recover. We’ve taken some steps toward that. We’ve got sound monetary policy by the Federal Reserve. We’ve got a new fiscal stimulus package that is going to take effect soon. But we also must address energy. And we can do so in a way that not only enhances our economy, a way that makes us less dependent on foreign sources of crude oil, and a way, as well, that helps clean the environment.”
– Transcript, “Joint Press Conference with President George W. Bush and President Jose Maria Aznar,” George W. Bush – White House Archives online, Accessed on 6/22/2016