Home pagePress CenterIn the Media Frank Verrastro, director of the CSIS Energy and National Security Program, was quoted by Bloomberg, "Fuel Conservation the Only Road for U.S. Drivers."
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Frank Verrastro, director of the CSIS Energy and National Security Program, was quoted by Bloomberg, "Fuel Conservation the Only Road for U.S. Drivers."
The U.S. government tried to tackle high gasoline prices in the 1970s with a raft of measures, but this time around Washington is not offering much to ease the pain at the pump, so it will be up to consumers to find relief by conserving fuel.
While the public and many U.S. lawmakers are calling on the Bush administration to take action, the White House says there is nothing it can do to bring down skyrocketing fuel costs this spring and summer.
"I don't foresee the reintroduction of price controls," said Frank Verrastro, energy expert at the Center for Strategic and International Studies think tank in Washington. "Clearly, there are no easy, near term fixes for higher gas prices."
The Center for Strategic and International Studies (CSIS) is a private, tax-exempt institution focusing on international public policy issues. Its research is nonpartisan and nonproprietary. CSIS does not take specific policy positions; accordingly, all views, positions, and conclusions expressed in these publications should be understood to be solely those of the authors.
