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Politics : Rat's Nest - Chronicles of Collapse
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To: Wharf Rat who wrote (1870)8/19/2005 10:27:35 PM
From: Wharf Rat  Read Replies (2) of 24213
 
Politicians Have Little to Offer To Ease Anguish of Gas Prices
Jim VandeHei, Washington Post
President Bush and members of Congress are facing an uncomfortable political reality this summer: They have little to offer Americans to ease their pain at the pump.

With gasoline prices nearing or topping $3 per gallon in some cities, Bush and lawmakers would be thrilled to call for steps big and small to quickly take the pressure off motorists financially -- and themselves politically. The president's advisers cite high gasoline prices as one reason for Bush's sagging approval ratings, while lawmakers home for the August break are feeling the heat from anxious constituents.

But the prices are an economic and political problem for which Washington has few, if any, policy remedies that would be effective or practical in the near term, according to many energy experts and elected officials.
(19 August 2005)
The lack of analysis by both Democratic and Republic parties is stunning. All the proposals are irrelevant (opening ANWR to oil drilling, investigating oil companies for price-gouging) or counter-productive (opening the US Strategic Oil Reserve, lowering gas taxes).

energybulletin.net

full article...
washingtonpost.com
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