Energy Crunch

" Thank you oil prices tumbled more than four dollars a barrel at one point today that put prices at their lowest level in seven weeks. And more than 25 dollars a barrel less -- the record high set on July 11. Nevertheless what to do about the energy crunch is the dominant issue today for both congress and the president chief White House correspondent Brett bear reports. After touring a welding plant in Ohio President Bush took direct. Aim at the democratic controlled congress saying congress is the only thing standing between the American people died and more domestic oil production."

" Now -- United States congress to make a decision. As to whether or not you're gonna continue to face like gasoline prices -- pop. Or whether or not the United States ought to send a clear signal to the world we're tired of being Independent oil from overseas that's fine right here in the United."

" On Capitol Hill a day after prospects for a senate compromise on energy legislation seemed to be growing the Senate majority leader blamed Republicans were asking for too much into too many amendments about drilling. To a bill designed to fight oil speculation. We offered for amendments they turned that down said they want to more Reid was asked if he would consider allowing more Republican amendments this week we're scheduled BI here Friday. So I don't think there's going to be a lot of amendments on -- children. Top Republicans fired back saying -- oil prices and therefore high prices at the pump come down to one factor supply and demand. Republicans hammered Democrats for failing to allow more domestic drilling for oil and natural gas saying no energy package is complete without that element."

" Never in my 36 years and senator. And I see no problem so big. That -- a proposed solution. By the majority leader that is so small."

" Democrats made their way to microphones all over Capitol Hill claiming Republicans are blocking efforts to bring down gas prices by failing to move forward. -- oil speculation bill and the bill to invest in alternative energy. It would be a tragic mistake four. Those on the other side of pulled up respected and not letting go forward Republicans continue to say they're willing to tackle speculation alternative energy and other elements as long as domestic drilling factors in. They insisted congress should not go on its summer vacation until a package is passed. We don't think we should go home this week until we've. I had an opportunity to pick a serious step toward what. Toward lowering import dollar -- new polls suggest that an overwhelming majority of Americans believe more domestic drilling is needed now. With 75. And 71%. Saying there in favor of more domestic drilling and offshore drilling. Poll results that have stayed relatively constant over the past two months senator Reid was asked about the latest polls. I don't know what poem a merger looking -- frankly and escorting how that person for questions phrase but understand. We Democrats have always -- for more domestic production. Senator -- went on to clarify that a democratic bill calls for more domestic drilling on land already leased to oil companies. Despite democratic efforts to paint Republicans as obstructionists. Senior Republican aides see this drilling issue as a winning issue for them. And so does this White House President Bush plans to make another statement on energy after cabinet meeting. Tomorrow Britain -- thank you coming up."