The rule of thumb is every $10 increase in the price of oil is a quarter or 25 cent increase in the price of gasoline.
Editor's note · Context
Discussing the impact of oil prices on gasoline costs.
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Mr. Speaker, the main objection here and the basis of the motion to commit relates to climate change. Contrary to the gentleman's statement that the House does not recognize climate change, all of us recognize that the climate is changing…
Mr. Chair, I yield 3 minutes to the gentleman from Texas (Mr. Olson), the vice chairman of the Subcommittee on Energy and Power.
Mr. Speaker, I yield 3 minutes to the distinguished gentleman from Oregon (Mr. Walden), who is a member of the Committee on Energy and Commerce and is quite familiar with energy issues.
Mr. Chairman, may I ask how much time is remaining on both sides? The CHAIR. The gentleman from Kentucky has 20 minutes remaining. The gentleman from Illinois has 13\1/2\ minutes remaining.





