Oil Prices - What to do?

[blackcat]

A moonbat, eh? Well I've been called much worse.

However, moonbat or no, Bush did indeed come up with an ethanol plan. In his own words:

THE PRESIDENT: What he referred to is something I should have talked about earlier, and that is I set a goal of the United States reducing our gasoline consumption by 20 percent over the next 10 years. That's the 20-10 goal. In other words, it is a goal. And I mandated a fuel standard that says we'll be using 35 million gallons of ethanol or alternative fuel over the next 10 years.

Now, the reason I did this is I think it's possible to do it. And the reason I think it's possible to do it is because of people like Kevin telling me it's possible. Remember, I'm the history major. (Laughter.) And so the advances you've seen in five years -- if you're able to take yourself back five years ago to today, it is a noticeable difference, a -- obviously reduced the cost of enzyme, for example, which is an important development.

http://www.whitehouse.gov/news/releases/2007/02/20070222-5.html