5.01.2006

Speaking of Out-of-Control Gas Prices and the Evil Games the Bushies Play

Check this out from the LA Times:

WASHINGTON — Gasoline prices will remain high for years to come and will be largely unaffected by a new White House plan to bring them down, Bush administration officials said Sunday.

Energy Secretary Samuel W. Bodman said the United States faced an oil price "crisis" because surging demand from such countries as China and India had outstripped supply, and he predicted that it would be "two to three years before suppliers are in a position to meet the demands."

The suppliers have lost control of the market," he told NBC's "Meet the Press."Gas prices approached record highs last week, further angering motorists and putting a scare into lawmakers seeking reelection in six months.

The rise in fuel prices is the No. 1 concern of a plurality of Americans, recent polls show.