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Bush warns of gasoline problem this holiday weekend

September 2, 2005

BILOXI, Mississippi (Reuters) – President Bush warned
motorists on Friday to expect “a problem” with gasoline over
the Labor Day holiday weekend when high prices and sporadic
outages may interfere with

Americans’ final summer outings.

“Listen, we’re going to have a problem this weekend when it
comes to

gasoline but we’re addressing it,” Bush told reporters
while touring damage

and recovery efforts from Hurricane Katrina which slammed
into Louisiana

and Mississippi on Monday.

Separately, Energy Secretary Samuel Bodman said the
government would

offer for sale 30 million barrels of crude oil from the
emergency

stockpile, loan 9.1 million barrels to several refiners,
and prepare for

the arrival of more than 1 million barrels per day of
gasoline shipments

from the International Energy Agency.




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