Petroleum and Energy Company formed in Texas by George W. Bush in 1977. The company did not do to well and in 1984 it merged with Spectrum 7 and Harken Energy in 1986. The biggest controversy involving Arbusto was when James Bath invested $50,000 while representing the Osama Bin Laden's brother from the Saudi Binladen Group. NationMaster: Arbusto Energy Information
