Competitive Enterprise Institute | 1899 L ST NW Floor 12, Washington, DC 20036 | Phone: 202-331-1010 | Fax: 202-331-0640
Washington, D.C., April 25, 2006—The Competitive Enterprise Institute is disappointed that President Bush has decided to make cheap political points about high gas prices instead of promoting policies that will lead to more domestic oil production and lower prices. The following is a statement from Myron Ebell, director of energy policy at CEI.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
“President Bush seems desperate to find someone to blame for continuing high demand for gasoline, which is the result of high economic growth and continuing supply problems. He should take credit for his policies that have contributed to strong economic growth and put the blame for high gas prices where it belongs. He should be traveling across the country blaming the obstructionist minority in Congress that continues to block legislation that would increase domestic energy production. And the president should be building public support for pro-energy, pro-consumer policies.
“Many of the Senators and Congressmen who are complaining the loudest about high gas prices and oil company profits have voted again and again over many years for policies designed to constrict energy supplies and thereby raise energy prices. Congress should vote now for legislation that will provide long-term solutions to America's energy supply needs. These solutions include:
“It's time for people to demand that their Senators and Congressmen start voting in favor of lower gas prices instead of just talking about them. And President Bush should show true leadership instead of looking for scapegoats,” Ebell concluded.