Tuesday, October 04, 2005

Bush calls for more refineries

In a recent White House news conference, President Bush called on to Congress to send a bill that will allow the expansion of present refineries and the construction of new refineries to be built. According to President Bush, building new oil refineries will help alleviate the record high oil prices.

Bush pointed out that a new refinery has not been built in this country since the 1970s. This fact, should help aid his current energy plan he has been working on for the last few months. Driven by the belief that all the extractible oil reserves have reached their peak level, oil prices have continued to reach record highs over the past few months.

The refined products directly affected are gasoline and heating oil Due to the recent hurricanes we have become all too familar with, have in large part destroyed many of our key oil refineries. I feel this is a subject that Congress must turn some of its focus to.

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