Bush

President Bush chose the California Fuel Cell partnership as the venue for an Earth Day address on advanced transportation, during which he emphasized hydrogen as the future solution, but referenced hybrids, plug-in hybrids and ethanol as being important transition technologies in the short-term.

Before touching on the solutions for the future, the President talked about rising oil and gasoline prices, and some sporadic shortages. The President attributed the rising price of gasoline to three factors: rising demand with constrained supply, lack of refinery capacity in the US, and the switch from MTBE to ethanol as an oxygenating additive.

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