Under election-year pressure to reduce surging gasoline prices, President Bush on Tuesday halted filling of the nation’s emergency oil reserve, urged the waiver of clean air rules to ease local gas shortages and called for the repeal of $2 billion in tax breaks for profit-heavy oil companies.
Democrats, eager to blame Republicans for high gas costs ahead of the November congressional elections, said Bush has had five years to find a way to lower prices and has favored big oil companies over consumers.
“It’s crystal clear that the current spike in gas prices is at least partly due to an act of greed,” said Sen. Bob Menendez, D-N.J., who proposed a 60-day suspension of the federal gas tax. “Greed that has been enabled, abetted  even encouraged, I would say  by this administration.”
Via Newsvine
Am I reading this correctly? NO [edit because of stupidity]
Quote from some Lasmof, National Resource Defense Council, “had we committed to increased fuel efficiency by just one mile per gallon a year over a 5 year period (ironically Bush’s term so far) we could be saving over 100 million barrels a day…”, that sounds like the solution to me.
It’s really astonishing how out of control the gas prices have gotten in the last 6-7 years. I remember that problems of $1 per gallon and now we’re looking ahead at $4. What a bunch of BS.