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Article #7931Bush Energy Secretary: Expect high gas prices for two more years
From: citizen
Date: Sun, 30 Apr 2006 23:18
Date: Sun, 30 Apr 2006 23:18
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Bodman: Gas prices could stay high for 2 or 3 years By Barbara Kollmeyer, MarketWatch Last Update: 3:25 PM ET Apr 30, 2006 LOS ANGELES (MarketWatch) -- U.S. Energy Secretary Samuel Bodman said Sunday that prices paid at the pump for gasoline could stay high for two or three years, in an interview on NBC's "Meet the Press." "Suppliers have lost control of the market," Bodman told NBC's Tim Russert, when asked what the reason for the latest spike in U.S. gas prices. "Therefore demand exceeds supply." .... --------------------------------------------------------------- Yep, gas prices will stay high as long as Bush is in office.
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