Fred Business News - President Bush prodded Congress on Friday to allow oil drilling in offshore waters and in the Alaskan wildlife refuge, citing "tough economic times" for the American people.

Bush met with his senior economic advisers at the Energy Department to discuss soaring prices for gasoline and crude oil. Bush said one answer is to increase supply in this country by tapping "the vast potential" of crude oil reserves on offshore lands and in Alaska as well as in oil shale in the western part of the ...   more »