On the recordMay 10, 2006
how high do gas prices have to go before this administration is willing to break its ties with the oil and gas company CEOs? For 5 years now, the major oil companies have been bringing in record profits, while the pain at the pump has grown worse for average Americans. Today, consumers are paying $3 a gallon. If you are making minimum wage, that means your first hour at work is used to buy 1\1/2\ gallons of gasoline for your car. Major oil companies just reported $16 billion in profits for the first quarter alone, and the national response has been moral outrage. Yet last year they pushed through an energy bill that gave oil and gas companies an additional $20 billion in tax breaks and subsidies. The problem is, those in charge here are not willing to have the courage to stand up and make things right. ____________________
Source
govinfo.gov




