What can the President do in the short term to address high gas prices at the pump?
The President is very concerned and will remain vigilant. High gas prices place a burden on the family budget and the economy. * High gasoline prices reflect a tight supply, increasing demand, and limited refinery capacity. These are problems that have been years in the making and cannot be fixed overnight. We need comprehensive solutions, not patchwork crisis management. * The President recognized the challenges facing Americaís energy security before he took office and offered the first comprehensive and balanced energy plan in a generation over three years ago. Congress needs to act on the Presidentís energy plan now so we can be less dependent on foreign sources of energy. * The most important thing the government can do in the near term is to ensure that markets work as effectively as possible. The Department of Energy will continue to monitor the markets and energy supplies and keep industry, consumers, and policy makers informed. ?Price gougingî or any other illegal, anticompeti
