Political Quotes

On the recordMay 20, 2008
this short-term extension is important. It's just too bad that we couldn't extend the low cost of energy that we had 18 months ago. Eighteen months ago the price of a barrel of crude oil was $58.31. Today it's $128 a barrel, a $70 increase. What's important to small businesses is the cost of doing business. And the increase in energy cost, the increase in liquid fuel cost, the increase in electricity cost, bears a disproportionate share of the cost today, more so than 18 months ago.
Said by
John Shimkus
Republican · Illinois
Source
govinfo.gov

Editor's note · Context

Discussing the impact of rising energy costs on small businesses.

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