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Bush: Offshore drilling will have psychological impact -
Summary from multiple countries, from articles in English
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WASHINGTON President Bush lifted a long-standing White House ban Monday on new oil and gas drilling off the nation's coastlines and pressured Congress to take a similar step, stoking the battle over how Washington should respond to high gasoline prices. (article 3)
Bush's decision to lift the executive order, which was imposed by his father in 1990 and renewed by President Clinton, will have no effect unless Congress cancels its own ban on offshore drilling. (article 3)
WASHINGTON - President Bush acknowledged today that expanded drilling in coastal waters would have no immediate impact on oil supplies, but said greater exploration would "change the psychology" of global markets. (article 1)
" There is a psychology in the oil market that basically says supplies are going to stay stagnant while demand rises the president said. (article 1)
With gas prices topping $4.10 a gallon nationally, Bush made his most assertive move to extend oil exploration, an energy priority of his presidency. (article 7)
While congressional action is also needed to end the ban, Bush is again firmly supporting the stance of his party's presumptive nominee , John McCain. (article 5)
Mr Bush's move comes as high oil prices have pushed US petrol prices to more than $4 ($2) per gallon. (article 4)
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Other summaries about this story:
Other stories about Bush, Oil and drilling:
Event tracking:
Story keywords
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Bush, Oil, drilling, offshore, Prices |
Source articles
- Bush: Offshore drilling will have psychological impact - (baltimoresun.com, 07/15/2008, 192 words)
- Bush: Offshore drilling will have psychological impact - (baltimoresun.com, 07/15/2008, 473 words)
- Bush to lift executive ban on offshore drilling (L.A. Times, 07/15/2008, 801 words)
- Bush lifts offshore drilling ban (BBC News, 07/14/2008, 483 words)
- Offshore drilling back in spotlight (boston.com, 07/14/2008, 398 words)
- Bush lifts offshore drilling ban, urges action (boston.com, 07/15/2008, 433 words)
- Bush lifts oil drilling ban, wants Congress to act (Washington Post, 07/15/2008, 352 words)
- Send news tip to FOXNews.com (FOX News, 07/15/2008, 590 words)
- FOXNEWS.COM HOME > POLITICS (FOX News, 07/15/2008, 1017 words)
- Sombre President George W. Bush sees 'difficult time' ahead for Americans (cbc.ca, 07/15/2008, 795 words)
- A War of Convenience? (Washington Post, 07/14/2008, 1610 words)
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blaster@cs.columbia.edu
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