recently gasoline prices have increased at rates not seen since the 1970s. While the Clinton-Gore administration vows that it will not tolerate companies who fix prices here at home, it remains reluctant to get tough on foreign countries that simultaneously receive U.S. aid and engage in oil price fixing that affects every American. Although it is almost too late, it is time that the administration begin working for the American people. Mr. Speaker, many Americans are seeing their family vacation plans evaporate as prices rise. I call upon the administration to adopt a national policy with other oil-consuming nations to take steps towards reducing, suspending, or even eliminating assistance or arms sales to exporters engaged in price fixing. The hard-working American families deserve more than just a vacation. They deserve national leadership that is concerned about their future rather than the hollow rhetoric and empty promises of the Clinton-Gore White House.
Sam Gibbons: “recently gasoline prices have increased at rates not seen since the 1970s. While the Clinton-Gore administration vows…”
Editor's note · Context
Addressing rising gasoline prices and the administration's response to oil price fixing.
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