Raw Story:
President Bush pointed the finger at Congress Tuesday, claiming its Democratic leaders were essentially solely responsible for the nation's economic woes.
To address the energy crisis, Bush rolled out a laundry list of longtime Republican wishes, such as opening oil exploration in the Arctic National Wildlife Refuge, building more oil refineries and increasing reliance on nuclear power.
President Bush pointed the finger at Congress Tuesday, claiming its Democratic leaders were essentially solely responsible for the nation's economic woes.
To address the energy crisis, Bush rolled out a laundry list of longtime Republican wishes, such as opening oil exploration in the Arctic National Wildlife Refuge, building more oil refineries and increasing reliance on nuclear power.
"It's a tough time for our economy," Bush said at a Rose Garden news conference. "Across our country, many Americans are understandably anxious about issues affecting their pocketbook, from gas and food prices to mortgage and tuition bills. They're looking to their elected leaders in Congress for action.
"Unfortunately, on many of these issues, all they're getting is delay," he said.
Congressional Democrats quickly responded, accusing the president of a short-sighted pursuit of proposals that would benefit big oil companies at the expense of the American people.
"Oil price goes through the roof and what does the president do? He takes out the old saw of ANWR," said Sen. Charles Schumer (D-NY), speaking at a rebuttal press conference. "ANWR wouldn't produce a drop of oil in 10 years, and it's estimated that if they drilled in ANWR, in 20 years it would reduce the price one penny. And that's the president's answer to the oil crisis."
Schumer panned Bush for saying virtually nothing about pursuing alternative and renewable energy and doing nothing to reign in massive oil company profits.
"The president's energy policy for the last seven years has basically been, 'What's good for big oil is good for America," he said. "We ask ... on whose side is the president? Which side is he on? You can't be on both; you can't be both for big oil and for lower prices."
Bush was asked about a proposal by Republican presidential contender John McCain, later endorsed by Democrat Hillary Rodham Clinton, to suspend taxes on gasoline and diesel fuel for the summer travel season. The tax is 18.4 cents per gallon of gasoline and 24.4 cents on diesel fuel.
"I'm open to any ideas and we'll analyze anything that comes up," he said.
Did Bush forget that the oil companies are benefitting from the economic woes?
$14 billion first 3 months of this year on the back of rocketing oil prices.
1 comment:
Yes it's not this Administration's fault it's the Democratic Congress and Bill Clinton. The Boy Who Cried Wolf aka Bush is an open face liar and the World knows it. What happen to Bush's friend the Saudi King who was going to give the US cheaper oil. Even Dark Cheney asked the King as he said NO. So much for friendship. Has Bush been away for 6 years on the Planet K-Pax? Here's a man who is a drunk and druggie and now says it's not his fault. The Media is starting to look stupid as they try to spin this lie for the White House. Here's the 411 for Mr. Kitty. In San Diego California the gas price is $4.57 per gallon for regular gas and it's 50 cents in Iraq. Some place in Northern California is already 5 dollars a gallon for regular gas.
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