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Shrub on gas prices possibly reaching $4.00 a gallon: "That's interesting. I hadn't heard that." [View All]

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RiverStone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-28-08 05:23 PM
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Shrub on gas prices possibly reaching $4.00 a gallon: "That's interesting. I hadn't heard that."
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NEW YORK (CNNMoney.com) -- President Bush, saying he was unaware of predictions of $4-a-gallon gasoline in the coming months, told reporters Thursday that the best way to help Americans fend off high prices is for Congress to make his first-term tax cuts permanent.

"If you're out there wondering... what your life is going to be like, and you're looking at $4 a gallon, that's uncertain," Bush responded to a question posed at a White House news conference. "And when you couple that with the idea that... taxes may be going up in a couple years, that's double uncertainty."

Analysts have said that gasoline could reach $4 a gallon by this spring, due to strong demand and a change in formulation, among other reasons.

When taking the question about the $4 milestone, Bush told the reporter, "That's interesting. I hadn't heard that."

more:

http://money.cnn.com/2008/02/28/news/economy/bush_energy_policy/index.htm?cnn=yes


Guess he thinks we all drive one of these...



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