Bush tells plan to ease up on gas
From the AP:
Under election-year pressure to reduce rising gasoline prices, President Bush stopped yesterday the 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.
....The suspension until fall of oil purchases for the federal emergency oil reserve is likely to have only a modest effect because it involves only 12 million barrels - less than the 20 million barrels of oil the United States uses for transportation every day.
In the past, Bush resisted calls for a suspension of shipments to the reserve. When his 2004 presidential opponent, Sen. John Kerry, D-Mass., suggested the same idea during the campaign, Bush called it "playing politics."
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