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Arbusto Energy was an oil and gas exploration firm started in 1977 by former U.S. president George W. Bush. In 1984, the company merged with Spectrum 7 Energy Corp.
Oct 16, 2002 · In 1977, Bush organized his first company, Arbusto Energy Inc. (Spanish for bush), an oil exploration venture. After an unsuccessful 1978 run for the House of Representatives, Bush returned to the oil business, attempting to take Arbusto public in 1982 with disappointing results.
Arbusto Energy, Dubya's first business venture, was a struggling venture saved twice through mergers. Arbusto offered investors substantial tax write-offs, but little in the way of returns.
Arbusto Energy. COMPANY. Later renamed "Bush Exploration Oil & Gas Company". Merged with Spectrum 7 in 1982, and with Harken Energy in 1986. Industry: Energy. EXECUTIVES
Bush organized his first company, Arbusto Energy Inc. ("Ar-boo-stow" is Spanish for Bush) in 1977 on the eve of a run for Congress and quickly put it to use as a credential for the political...
Dec 3, 2018 · His son, George W Bush, also ventured into oil, founding Arbusto Energy in 1979, and with Bill Gammell as an investor, but was unsuccessful. Presidents Nixon, Ford and Carter through the 1970s had contended with the energy crisis, bringing high fuel bills, stagflation and long lines at petrol stations due to failed price controls.
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May 24, 2024 · Arbusto Energy was an oil and gas exploration firm started in 1977 by former U.S. president George W. Bush. In 1984, the company merged with Spectrum 7 Energy Corp. Contents. History; Arbusto and James Bath; See also; References
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