"NEW YORK (Reuters) - President George W. Bush's latest plans to fight high gasoline prices in the United States are either too limited or too late to make a difference during the upcoming summer driving season, energy analysts said on Wednesday.
With pump prices over $3 per gallon in some parts of the country, Bush said on Tuesday he would boost gasoline supplies by letting regulators relax clean fuels rules temporarily if state governors ask. He said he would free up more crude oil by delaying deliveries into the Strategic Petroleum Reserve.
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Other analysts noted that deliveries into the SPR for May were slated to be only 2.1 million barrels, a fraction of the roughly 300 million barrels U.S. refineries were likely to consume in May. The Bush Administration pointed to this discrepancy in 2004 when it rejected calls by Democrats to cease deliveries into the SPR to lower oil prices.
U.S. drivers should get some relief at the pump in coming weeks even without the Bush proposals, as many U.S. refineries return to normal operations after lengthy downtime for routine maintenance and repairs after hurricane damage, analysts said..."
I'll save this one for the Repubs, when Shrubbie starts gloating over how successful his plan was.
http://today.reuters.com/news/articlenews.aspx?type=newsOne&storyID=2006-04-26T182119Z_01_N264940_RTRUKOC_0_US-ENERGY-GASOLINE-BUSH.xml&pageNumber=1&imageid=&cap=&sz=13