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Twenty-five years ago, when I was CEO of Intel, I had an unusual experience while visiting a customer. It was during a period of tight availability of microprocessors, our main product. This was not an unusual state of affairs. Supply and demand ebbed and flowed as the computer business had its ups and downs. Sometimes we had too many chips sitting in inventory; other times, like this one, we had too few. My main purpose in visiting was to reassure the customer that we were working hard to boost production and that relief was on the way.
Washington, DC-Nevada Senator Harry Reid joined other Democratic senators at a press conference today to unveil the Consumer-First Energy Act of 2008, a bill that addresses the root causes of high gas prices. Seven years of the Bush Administration's disastrous energy policies have enriched Big Oil and market speculators at the expense of American consumers. Democrats are committed to providing relief to consumers and strengthening our economic, energy and national security.