On the recordJune 4, 2008
Quite simply, the reason gasoline prices are so high today--of course there is international speculation--is there's demand from other countries; there's the falling value of the dollar. Principally, it is because, in past decades, we failed to wean ourselves from fossil fuels. We have failed to make the investment in research and development that would make that possible. You're talking about drilling in Alaska.
Said by
Steven Holt
Source
govinfo.gov