Bush on Gas Prices
In an interview today, President Bush said he favored increasing the oil supply to bring down gas prices. Though he acknowledged that "people changing their habits" would also reduce prices, he nevertheless favors extensive exploration and drilling to relieve prices. (Gee, I wonder who that would benefit? Could it be his buddies in the oil industry?)"With the price of gasoline that's going up, that's like a tax..." —President George W. Bush
The comparison of high gas prices with taxes is of course absurd— gas prices rise in response to consumption exceeding supply, while taxes are passed as a matter of public policy. Still, following the analogy, he seems to be suggesting that "irresponsible big government" causes high gas prices, perhaps by protecting sensitive areas from drilling. Could it be that cheap gas is a right that Americans are being denied by those pesky environmentalists?
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