Debate In Washington On How To Bring Fuel Prices Down

By: Peter O'Connor Email
By: Peter O'Connor Email

Despite a lot of talk from politicians, some say don't hold your breath for gas-pump relief from Washington.

Republicans are demanding new drilling off the nation's beaches.

Democrats want to tax away oil companies' profits.

As America tries to cope with high gas prices, lawmakers on Capitol Hill are looking for solutions to high energy costs.

Presidential Candidate John McCain says cleaner coal could be the answer.

On the campaign trail in Springfield, Missouri the Arizona Senator said he wanted to construct 45 new nuclear reactors by 2030 and pledged 2 billion dollars a year in federal funds to "Make clean coal a reality" and reduce the countries dependence on foreign oil.

“For the sake of our economy, for the sake of our environment, and for the sake of our national security, we need to get it done and get it right,” Senator John McCain said.

McCain says cleaner coal could be the answer and Pike County Judge-Executive Wayne T. Rutherford agrees.

“If you take the whole Appalachian region we have a 120 billion tons of recoverable coal and if you turn that into transportation fuel that is more then they have barrels in the Middle East,” Rutherford said.

President Bush says off-shore drilling would give Americans relief at the pump.

The president urged congress to lift the 1982 ban on coastal drilling.

Opponents of the president's proposal say it would be a temporary fix and they worry about the environmental effects and say the president's proposal should have come sooner.

President Bush says if congress lifts the legislative ban.... He would lift the executive prohibition.

Democratic Presidential Candidate Barack Obama says he agrees with most democrats who believe off-shore drilling would be a temporary fix and would not solve the problem of high energy costs in the long run.

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