Gasoline price high due inadequate oil output: Bush
WASHINGTON (Reuters) - President George W. Bush said on Tuesday that U.S. gasoline prices are at record levels because global oil production is not keeping pace with demand.
"One of the main reasons for high gas prices is global oil production is not keeping up with growing demand," Bush said at a news conference.
(Reporting by Tom Doggett)
© Thomson Reuters 2009 All rights reserved




