as the Memorial Day Weekend approaches, with the unofficial kickoff of the summer driving season, I rise this evening to say a few words about the energy crisis in this country. Specifically, I urge this Congress to take immediate action to crack down on price gouging of gasoline and develop alternative fuels to free Americans from the grip of foreign oil. Over the past several weeks and months, gas prices have skyrocketed across the country. Middle class families who were already feeling economic pressure of the rising cost of health care and college expenses are getting squeezed tighter still due to the higher price of gasoline. According to the AAA fuel gauge report, my North Carolina neighbors are paying nearly $3 a gallon for gas. I know I paid that much when I stopped and got gas on Monday and filled my car up. Now, as a former full-time small businessman for almost 20 years, I take no back seat to anyone in support of free enterprise market capitalism. But the gasoline price gouging of American citizens must stop. Unfortunately, the administration has chosen to turn a blind eye to this urgent problem. Just yesterday, the head of the Federal Trade Commission argued against a new Federal law against price gouging by the oil companies and suggested that they be allowed to continue to reap the profits of American consumer's pain at the pump. I am proud that my colleagues and I have introduced the Federal Response to Energy Emergency or FREE Act.…
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