Welcome news and LONG overdue
BREITBART.COM - Just The News
: "President George W. Bush called for the United States to build new refineries after hurricanes Katrina and Rita battered US oil production.
Bush, speaking at a White House news conference, also renewed appeals for Congress to cut spending in other areas to help meet the reconstruction bill arising from the powerful storms.
'The storms that hit the Gulf Coast also touched every American with higher prices at the gas (petrol) pump,' the president said.
'It ought to be clear to everybody that this country needs to build more refining capacity to be able to deal with the issues of tight supply,' he said.
'We haven't built a new refinery since the 1970s so I look forward to working with Congress to pass a reasonable law that allowed current refineries to expand and to encourage the construction of new refineries.'
Bush added that Washington has 'a vital role' to play in the reconstruction of areas left battered by the hurricanes over the past month."