Bush takes aim at gasoline prices - Yahoo! News

Bush takes aim at gasoline prices - Yahoo! News: "WASHINGTON (Reuters) -
President George W. Bush pressured profit-rich oil companies to invest in new refineries on Tuesday and announced steps against any price gouging to contain gas prices that have soared while his popularity plummets.

He directed the
Environmental Protection Agency to suspend federal clean-burning gasoline rules this summer that are forcing consumers to buy expensive new gasoline blends.

Bush temporarily halted shipments to the Strategic Petroleum Reserve as a way to get more oil on the market and try to combat prices that have soared above $3 a gallon."