Bush gasoline plan ineffective

From the Los Angeles Times:

The steps proposed by President Bush on Tuesday to rein in soaring gasoline prices would do little to cut fuel costs for outraged motorists before the summer driving season, industry experts said.

That's because the factors driving today's record gasoline prices are varied and complex — and beyond the reach of presidential dictate. They include a shortage of refining capacity, rampant speculation in oil markets, oil company choices about fuel additives, unrelenting gasoline demand and high industry profits.

It appears to be merely a political stunt to help his sagging ratings. Where's the call for conservation? Where's the attempt to ease tensions with OPEC?