On the Senate's legislative calendar this week is a bill to repeal tax incentives for oil companies, punish companies for reaping "windfall profits" and subject the Organization for Petroleum Exporting Countries to U.S. anti-trust law.

FORBES: Washington And Oil: First Do No Harm

On his second visit to the kingdom this year, the American leader met Saudi King Abdullah on Friday to renew his appeal for more oil from members of the Organization of Petroleum Exporting Countries to tame record oil prices.

FORBES: Magazine Article

The Organization of Petroleum Exporting Countries cut its global demand forecast for 2008 for the fourth time this year, saying that consumption would continue to slow in 2009.

FORBES: Magazine Article

Through much of the 2000 campaign for the White House, particularly in the early primary season when home heating oil prices were rising steadily in the Northeast, Bush blasted the Clinton administration for not "jawboning" members of the Organization of Petroleum Exporting Countries to increase production.

CNN: House Democrats ready to battle Bush on energy

The Organization of Petroleum Exporting Countries (OPEC) has slashed its global oil demand forecast for 2013 by about 20, 000 barrels a day to 89.57 million barrels a day.

FORBES: Crude Oil Wants To Slip Below $80 Again, Test $78