Bush urges more oil exploration

Published July 13, 2008

WASHINGTON, July 12: Faced with skyrocketing gasoline prices, US President George W. Bush called on Saturday for more oil exploration in US territory and blamed Democratic-controlled Congress for lack of action on the issue.

“One of the factors driving up high gas prices is that many of our oil deposits here in the United States have been put off-limits for exploration and production,” the president said in his weekly radio address.

“Past efforts to meet the demand for oil by expanding domestic resources have been repeatedly rejected by Democrats in Congress,” he added.

Bush proposed increased drilling on the US continental shelf, expanding shale oil production on the western slopes of the Rocky Mountain, permitting oil exploration in northern Alaska, and enhancing the nation’s oil refining capacity.

“It’s time for members of Congress to address the pain that high gas prices are causing our citizens,” Bush argued. “Every extra dollar that American families spend because of high gas prices is one less dollar they can use to put food on the table or send a child to college.”—AFP

Opinion

Editorial

China security ties
Updated 14 Nov, 2024

China security ties

If China's security concerns aren't addressed satisfactorily, it may affect bilateral ties. CT cooperation should be pursued instead of having foreign forces here.
Steep price
14 Nov, 2024

Steep price

THE Hindu Kush-Himalayan region is in big trouble. A new study unveiled at the ongoing COP29 reveals that if high...
A high-cost plan
14 Nov, 2024

A high-cost plan

THE government has approved an expensive plan for FBR in the hope of tackling its deep-seated inefficiencies. The...
United stance
Updated 13 Nov, 2024

United stance

It would've been better if the OIC-Arab League summit had announced practical measures to punish Israel.
Unscheduled visit
13 Nov, 2024

Unscheduled visit

Unusual IMF visit shows the lender will closely watch implementation of programme goals to prevent it from derailing.
Bara’s businesswomen
13 Nov, 2024

Bara’s businesswomen

Bara’s brave women have proven that with the right support, societal barriers can be overcome.