President Bush also called for setting new targets on gasoline consumption.

President Bush: “Let us build on the work we have done and reduce gasoline usage in the United States by 20 percent in the next 10 years, thereby cutting our total imports by the equivalent of three-quarters of all the oil we now import from the Middle East.”

The 20 percent reduction would apply to projected gas usage over the next decade — not the amount consumed today. In a notable omission, President Bush did not once mention ongoing recovery efforts in the Gulf Coast following Hurricane Katrina.