John Cornyn: “I want to focus attention on a couple of numbers this morning. The first number is $3.65. This is the average price of a…”

“I want to focus attention on a couple of numbers this morning. The first number is $3.65. This is the average price of a gallon of gasoline now for sale across America. Contrast that with the figure of $2.33. That shows how much the price of gasoline has gone up across the country since January 4, 2007. If we extrapolate what that means for the average American family, they have seen a decrease in their standard of living or an increase in their cost of living by roughly $1,400 a year as a result of this increase in gasoline prices. Another figure I wish to mention is the figure 745. That was 745 days ago, when Speaker Nancy Pelosi, before she was Speaker, said that if she and her fellow Democrats were given the majority, they would come up with a commonsense plan to reduce gas prices. That was 745 days ago. Notwithstanding the fact that they announced a plan yesterday--I will talk about that in a minute--we are still waiting for a commonsense plan to bring down gas prices at the pump.”