Monday, June 9, 2008

President, Congress offer no immediate help on gas prices

WASHINGTON-- Before departing the White House early Monday for a farewell tour of Europe, President Bush stole a page from his predecessor and suggested he feels American consumers' pain."A lot of Americans are concerned about our economy," Bush said. "I can understand why. Gasoline prices are high, energy prices are high. I do remind them that we have put a stimulus package forward that is expected to help boost the economy. And of course, we'll be monitoring the situation."
Americans are looking for more action, though, than monitoring the situation.
But while gas prices keep soaring, the chances of Washington finding a solution keep dropping because Democrats and Republicans are deadlocked over how to fix the problem.
Bush talks mostly about increasing supply through more oil drilling in places like Alaska's Arctic National Wildlife Refuge.
"I've proposed to the Congress that they open up ANWR, open up the Continental Shelf, and give this country a chance to help us through this difficult period by finding more supplies of crude oil, which will take the pressure off the price of gasoline," Bush said Monday. more....

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