On the recordDecember 16, 2015
there is another benefit that spreads evenly among Americans, and that is low gasoline prices. The single driver for low gasoline prices is the supply of oil. Because of the abundant supply of oil due to innovation and these techniques the Senator from North Dakota talked about, oil prices are lower than they have been in a long time. You can buy a gallon of gasoline in Texas for well under $2. I think I saw it as cheap as $1.80 or maybe lower than that in some places. That has a direct impact on the pocketbook of working families. That is another reason why this legislation needs to be passed on Friday of this week in the House and in the Senate. I thank the Senator from North Dakota for this brief discussion. ____________________
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