On the recordJune 10, 2008
According to AAA, the average American is paying over $4.04 per gallon of gasoline today. Meanwhile, Communist China and Fidel Castro's Communist Cuba are moving forward with drilling for oil and gas just 45 miles off of the coast of Florida and Key West. We cannot even drill for oil or gas 200 miles off our own shores; yet congressional Democrats continue to refuse to allow access to American gas and oil supplies. The average price of gasoline has gone up $1.71 per gallon since Speaker Pelosi's promise, promise, to lower energy prices at the beginning of the 110th Congress, this Congress. What have the Democrats done to try to help hardworking Americans? They're simply seeking political gain from America's pain. Democratic Presidential candidate Barack Obama said he wants to impose more taxes on U.S. oil companies. Is that really a smart solution? This will only drive up prices on Americans, not just for gasoline but for every product or service purchased. Even worse is that foreign oil companies will not be subject to this joke of a solution. The liberals propose raising the Federal tax on gasoline and diesel by 50 cents per gallon. This is on top of the already existing Federal tax of 18.4 cents per gallon for gasoline and 24.4 cents per gallon for diesel. Under this proposal, you will be paying at today's prices $4.54 a gallon for gas.
Source
govinfo.gov




