House Democrats on Wednesday criticized an $8 billion energy bill they said favored big oil companies and President Bush acknowledged the legislation would do nothing to immediately ease record gasoline prices.
The White House faces public opinion polls showing voters are increasingly worried about high fuel prices. Last week, the average retail gasoline price hit a record $2.28 per gallon.
"An energy bill wouldn't change the price at the pump today. I know that and you know that," Bush said in a speech to the U.S. Hispanic Chamber of Commerce.
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