John Yarmuth: “First, on the subject of oil prices and gasoline prices, he mentioned that 300, the price of gasoline has gone up 300…”

“First, on the subject of oil prices and gasoline prices, he mentioned that 300, the price of gasoline has gone up 300 percent since 2001. What's interesting is, when you look at what we're now paying in Iraq for gasoline, this is one of the truly astounding and very disturbing aspects of our involvement there. The American people need to know that right now we are spending $153 million a month on gasoline in Iraq, $153 million a month. And we're paying $3.23 a gallon for that gasoline. Meanwhile, the Iraqi people, and Iraq is sitting on one of the largest oil reserves in the world, the Iraqi people are paying a subsidized cost of $1.30 a gallon. Now, wouldn't we all love to pay $1.30 a gallon? ... we're spending all this money to try and stabilize their country, and we're paying $2 more per gallon for gasoline than the Iraqi people are. That's just one of the strange quirks of our involvement there.”