Bush: Ike put ‘pinch’ on consumers

WASHINGTON (AP)

“There’s going to be a pinch,” Bush said after a briefing on hurricane recovery efforts. “I wish it wasn’t the case, but it is.”

The president also said, though, that people should not be subjected to price gouging. The federal government is working with state leaders to monitor whether consumers are being charged unfairly high prices during the disruption in the energy supply.