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White House Press Briefing by Tony Fratto (Gas Prices)
— Saturday, April 19, 2008 —
 MR. FRATTO: Les.
Q Tony, thank you very much. Two questions. First, could you briefly summarize the White House reaction and proposed solution to reports from California of gasoline now selling at $4.00 a gallon or more?
MR. FRATTO: Briefly summarize? No, I don't think that's possible, and you're not going to have immediate short-term solutions on things like gasoline prices. It took us a long time to get to a place where the price of gasoline is where it is. It's going to take us a long time to get off of oil as much as possible. We've already taken steps through the energy act in terms of conservation and increasing CAFE standards, and also replacing oil with alternative fuels. And so that will continue and we hope it does bring down the price of gasoline. We'd also like to see increased production from oil producers.
Q That's a good answer. How --
MR. FRATTO: Thank you.
Q Yeah. (Laughter.)
Q Congratulations.
Q Yeah, nice job.
MR. FRATTO: Do I get a star for that? (Laughter.)
Les | Oil | Press Briefing | Tony Fratto | White House Press Corps Labels: Les, Oil, Press Briefing, Tony Fratto, White House Press Corps
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