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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. History. Arbusto Energy was organized in 1977, but did not begin operations until after Bush's unsuccessful 1978 run for Representative from Texas's 19th congressional district. [1] .
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.
- Business Insider India
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Oct 16, 2002 · The early years. 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.
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.
- Robin Mills
Sep 11, 2006 · In 1978, Bush and Osama bin Laden’s brother, Salem bin Laden, founded Arbusto Energy, an oil company based in Texas. Several bin Laden family members invested millions in The Carlyle Group,...
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...
Feb 28, 2014 · 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.
