President Bush is ordering an investigation into whether the price of gasoline has been illegally manipulated, his spokesman said Monday.Of course, this has nothing to do with the fact that the latest CNN poll has Bush's approval rating at 32%, the lowest of his presidency so far. I can't wait to see what happens when his approval numbers drop into the high 20s. Maybe he'll fire Donald Rumsfeld.
During the last few days, Bush asked his Energy and Justice departments to open inquiries into possible cheating in the gasoline markets, said White House press secretary Scott McClellan. Bush planned to announce the action Tuesday during a speech in Washington.
Bush is under pressure to do something about gas prices that have reached nearly $3 a gallon. In a new CNN poll, 69 percent of respondents said gasoline price increases had caused them personal hardship. Other polls suggest that voters favor Democrats over Republicans on the issue, and President Bush gets low marks for handling gas prices.
Actually, if past BushCo investigations are any indication, this current investigation will not only find no wrongdoing, but will probably result in the CEOs of each major oil company receiving a Medal of Freedom.
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