Saudi oil output boost doesn't solve problems-Bush

SHARM EL-SHEIKH, Egypt, May 17 (Reuters) - U.S. President George W. Bush said on Saturday he was pleased with a boost in Saudi oil output but it was "not enough".

"It's something but it doesn't solve our problem," Bush told reporters. "Our problem in America gets solved if we expand our refining capacity, promote nuclear energy and continue our strategy for the advancement of alternative energies."

On the final stop of his Middle East tour, Bush said he made clear to Saudi leaders that high oil prices hurt the economies of some of Saudi Arabia's biggest oil customers. (Reporting by Matt Spetalnick, editing by Robert Woodward)