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Oil prices put pressure on Congress to promote Bush’s ban on ease of exploitation of domestic Gasoline Shortages

According to Bloomberg News on July 19 reported that the United States faced increasingly severe pressure on oil prices, U.S. President George W. - Bush once again to put pressure on Congress. Bush said that it is precisely because Congress on theInternet Marketing exploitation of domestic oil embargo led to the current U.S. domestic oil supply shortages, rising gasoline prices. Bush in a July 19 radio address, said: “The legislators are determined to lift the ban on offshore oil exploration, gas stations can be faster for consumers to provide low-cost gasoline. I think the Democratic Party lawmakers have Need to listen to the voices from the broad masses of people. ”

July 14, as President George W. Bush to lift the ban on offshore oil exploitation, while urging Congress to pass the motion to lift the ban on mining. In his speech, Bush said: “It’s huge offshore continental shelf for oil resources between the American people and only separated by a barrier, which is the U.S. Congress resolution.” According to the U.S. House is expected to departments, the United States to prohibit the exploitation of oil field’s oil reserves About 178 million barrels.

[Hot planning] - and exposed Center Daily News: CITIC Securities net profit by 13 percent the first half of the party newspaper: the risk of overheating have been released
Four Securities News media meet urgently to save the market upgrade Wen Jiabao: to be steady and rapid economic development of China’s restrictions on oil prices will lead to vicious cycle of the SFC: QDII opportunity to reduce the threshold [10 Chuangjiang] reform’s Advocate Zhou Ruijin [opening brief history] However, the Shenzhen Special Administrative Region of the election, the Congress of the Democratic Party’s internal do not think lifting the oil embargo on China will help ease high oil prices, at the same timevancl, they again expressed to encourage the production of alternative energy position. In addition, the two presidential candidates also have different views on the issue, the Democratic candidate Obama continue to support the implementation of mining ban, while Republican candidate John McCain called on the Congress to lift the ban in order to promote domestic oil supply. Members of the Democratic Party Patty Murray in the July 19 Democratic radio speech, said: “The Democratic Party and the Republican Party in the energy issue, there is a huge difference: Bush and McCain led the Republican Party can come up with the only solution is to exploit, then Exploitation. ”

Bloomberg News and the “Los Angeles Times” newspaper recently to 1,233 American adults conducted a public opinion survey, the results show that most Americans are subject to a life of the impact of high oil prices, about seven tenths of respondents said that at present A record gasoline prices to the economic constraints they encounter problems. It is learnt wedding dresses<that the Republican members of the U.S. Congress will visit Alaska natural wildlife protected areas, the trip will serve as its U.S. domestic oil shortage survey part of the problem. July 17, the internal motion in Parliament in the voting, the Democratic Party failed to obtain the two-thirds of the vote to the implementation of the ban on Alaskan oil exploration.

This week, the U.S. Congress might adopt a 10 per cent on the release of strategic oil reserves a bill to ease some of the current domestic oil crisis. This year in May, the U.S. Congress had passed a resolution to prohibit the use of country of about 7.06 million barrels of strategic oil reserves. Mr Harry Reid said he would on July 22 on a crude oil futures market to debate the motion, the request of crude futures trading more transparent and called on the government to take more stringent regulatory measures.

During the speech, Bush also called on Congress enacted as soon as possible premises for the United States and Fannie Mae plan to save the two companies, he stressed that the two companies in the maintenance of stability in the U.S. real estate market on the issue, crucial The central role. Bush said: “We must continue to ensure that this critical juncture of the guild wars gold
two companies can be financial support.” Meanwhile, U.S. Treasury Secretary Paulson in the July 13 statement to Congress that wants Congress to buy the shares of both companies and To provide a higher loan limit. Bush also asked Congress to address this by strengthening the supervision of independent companies, the Federal Property Committee to strengthen supervision and to allow tax-free bonds issued to finance the loan-to-damaged companies such as the motion.