On the recordMay 21, 2013
I will hold off asking that the pending amendment be set aside until the manager is here. At this time I will address an enormously important national issue, an issue even more important to rural America; that is, the skyrocketing cost of gasoline at the pump, and oil in general, which is causing enormous hardship for the American consumer, small businesses, truckers, airlines, and fuel dealers. The bottom line is in Vermont and all over this country people are paying an arm and a leg for a gallon of gas and for home heating oil, and it is a very serious economic problem for the individual consumer and for the entire economy at large. In fact, as we continue to struggle to get out of this terrible recession, high oil and gas prices are enormously detrimental to the entire economic recovery process. These rapidly increasing prices are particularly harmful to rural America where working people often are forced to travel 50 to 100 miles to their jobs and back. If people are paying $3.80 for a gallon of gas, that adds up, and it is money coming right out of their wallets. Over the last 5 months the national average price for a gallon of gasoline has gone up by more than 41 cents at the pump, even--and this is the important point to make--as U.S. oil inventories reach a three-decade high, and demand for gasoline is lower than it was 4 years ago when prices averaged less than $2.30 a gallon.…





