On the recordMarch 7, 2012
We need a multiyear, adequately funded transportation authorization before it expires at the end of this month. There is no question but gas prices are too high, but when the speculation subsides and when the world's oil price starts to decline, the price at the pump won't go down proportionately because it will be seized by the big oil companies as an opportunity to further pad their profits. That's when we need to implement a substantially but gradually funded Federal gas tax. That's what we need to fund our Nation's infrastructure that has deteriorated for the last 20 years while the gas tax has not been increased. That's what we need to do, Mr. Speaker, because the fact is that the big oil companies have been taking us for a ride on a pothole-filled highway. It's time to get into an energy-efficient vehicle and on the road to economic prosperity and energy independence. ____________________
Source
govinfo.gov
