New energy bill approved Thursday seems to turn to the list of recent disappontments with the possibility to see hikes in gasoline prices up to 3% per gallon.

"It’s about gas prices, gas prices, gas prices," said speaker Dennis Hastert, R-Ill. What it means? It means higher, officials say.

"An energy bill won’t change the price at the pump today," said President George W. Bush to a gathering of the U.S. Hispanic Chamber of Commerce.

The bill seems to be one more failure of the Bush administration as it is not only pushes gas prices higher but also fails to slash the US demand for imported oil, analysts say.

Nuclear energy research is appreciated in the bill which is focused on funding the research despite the lack of sites for waste storage.

Despite obvious similarity with the previous bill some changes were made in the new one pointing mostly at easing the way for the oil, gas and hydroelectric power industries to defy local environmental.