Yup.

Kinda says it all right there.



Bush voices concern about record oil price
Reuters

Tue Apr 22, 2008

NEW ORLEANS (Reuters) - President George W. Bush on Tuesday said he was concerned about record-high crude oil and gasoline prices, and said the United States needs to tap an Alaskan wildlife refuge to boost supply.

"I am obviously concerned for our consumers," Bush said at a news conference along with Canadian Prime Minister Stephen Harper and Mexican President Felipe Calderon.

(snip)

Bush reiterated his call for the U.S. Congress to overturn a long-standing moratorium on drilling for oil in Alaska's Arctic National Wildlife Refuge (ANWR), home to wildlife like polar bears and migratory birds.

"We should have been exploring for oil in ANWR," Bush said. "As a result we are dependent on foreign sources of oil."

Link: http://uk.reuters.com/article/oilRpt/idUKN...