(August 23, 2008)—From his Central Texas ranch, President Bush renewed his call Saturday for expanded offshore drilling to increase U.S. oil supplies.
In his weekly radio address, Bush Mr. Bush said, "To reduce pressure on prices, we need to increase the supply of oil, especially oil produced here at home."
He blamed Democrats for the high cost of gasoline, saying party leaders have refused to allow a vote on a proposal to open up more areas including the Outer Continental Shelf for oil exploration.
He said a measure that would raise taxes on energy companies would reduce domesetic production and increase U.S. dependence on foreign oil.
“This Congress has been one of the most unproductive on record,” Mr. Bush said.
“They've failed to address the challenge of high gas prices. Members still have time to take action on this vital priority for the American people. They need to send me a bill next month that I can sign so we can bring relief to drivers, small business owners, farmers and ranchers, and every American affected by high prices at the pump.”
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