Jeff Bingaman actually said...

"We know that the price of oil is set on a world market and that changes in our own domestic oil production do not have a major impact on the price of oil on that market."

"Senator Bingaman and Senator Murkowski have really outlined the problem that is on the table to be addressed in terms of where gasoline prices are now and the pain that they're causing for motorists a..."

"We do not face cycles of high gasoline prices in the United States because of a lack of domestic production or a lack of access to Federal resources or because of environmental regulations getting in ..."

"As Senator Bingaman has said, U.S. oil production is at its highest level since 2003."