This is a challenging time for families across our nation. I know many families are worried about rising prices at the pump and declining home values. So this week my Administration took steps to help address both these challenges.

To help address the pressure on gasoline prices, my Administration took action to clear the way for environmentally responsible offshore exploration of key parts of the Outer Continental Shelf, or OCS. Experts believe that these areas of the OCS could eventually produce nearly 10 years' worth of America's current annual oil production. So on Monday I lifted an executive branch prohibition on exploration in these areas.

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This week, Members of Congress returned to Washington after their Fourth of July recess. While they were at home, they heard a clear message from their constituents: Americans are concerned about high gas prices. Everyone who commutes to work, grows food, books a plane ticket, or runs a small business feels the squeeze of rising energy prices. And Americans are increasingly frustrated with Congress's failure to take action.

One of the factors driving up high gas prices is that many of our oil deposits here in the United States have been put off-limits for exploration and production. Past efforts to meet the demand for oil by expanding domestic resources have been repeatedly rejected by Democrats in Congress.

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This weekend, Americans are celebrating the anniversary of our Nation's independence. Two hundred and thirty-two years ago, our Founding Fathers came together in Philadelphia to proclaim that all men are created equal and that they are endowed by their Creator with unalienable rights to life, liberty, and the pursuit of happiness.

The man who wrote those immortal words was Thomas Jefferson. Yesterday, I celebrated the Fourth of July at Monticello, Jefferson's home in Virginia. While there, I witnessed an event...

This week, the White House Office of Faith-Based and Community Initiatives held a conference to highlight the work being done by our Nation's armies of compassion, with help from the Federal government. This conference demonstrated the remarkable difference these groups have made over the past eight years.

When I first came to office, I was troubled to see many of our citizens' greatest needs going unmet. Too many addicts walked the rough road to recovery alone. Too many prisoners had the desire for reform but no one to show them the way. Across our country, the hungry, homeless, and sick begged for deliverance -- and too many heard only silence in reply.

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Americans are concerned about the high price of gasoline. Everyone who commutes to work, purchases food, ships a product, or takes a family vacation feels the burden of higher prices at the pump. And families across our country are looking to Washington for a response.

The fundamental problem behind high gas prices is that the supply of oil has not kept up with the rising demand across the world. One obvious solution is for America to increase our domestic oil production. So my Administration has repeatedly called on Congress to open access to new oil exploration here in the United States. Unfortunately, Democrats on Capito...

  PRESIDENT George W.  Bush:  Good morning.  

This week I'm traveling in Europe. In the past few days, I have visited Slovenia, Germany, Italy, and the Vatican. I'm spending this Saturday in France. And I will conclude my trip in the United Kingdom.

In my meetings, I've discussed our shared efforts to advance peace and prosperity around the world. America has strong partners in leaders like Italy's Silvio Berlusconi, Germany's Angela Merkel, France's Nicolas Sarkozy, and Britain's Gordon Brown. And together we're pursuing an agenda that is broad and far-reaching.