Bush: More US E&P vital in alternative fuel transition

Falling gasoline prices must not dissuade Americans from developing alternative fuels or finding more domestic oil and gas, US President George W. Bush said on Oct. 12.Addressing a renewable energy conference cosponsored by the US Departments of Agriculture and Energy in St. Louis, Bush reiterated earlier statements that the US should move away from petroleum for its motor fuels to protect its economy, national security, and environment.“As you can tell, I’m excited about new technologies. But I think we’ve got to be realistic about the timing. And in order to become less dependent on foreign sources of oil, we’ve got to explore for oil and gas in our own hemispher...

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