I am disappointed that those across the aisle would not join with us to move to consider and debate the Consumer-First Energy Act of 2008. This legislation is designed to protect consumers from artificially high fuel prices, to curtail the massive giveaway of taxpayer resources through the continuing tax breaks to oil companies, and to recapture a portion of the windfall profits they are making at the expense of hard-working Americans. While the presumptive Republican Presidential nominee today recognized that gas prices can be expected to continue to climb, I continue to wonder why so many Republican Senators voted along party lines to ignore one of the biggest problems facing families across the country. Did they not want to debate why oil and gas companies should not continue to benefit from tax breaks while raking in record profits? Did they not want to debate why members of the OPEC cartel, such as Iran and Saudi Arabia, when acting anticompetitively and fixing output so as to artificially raise oil prices, should be held accountable through laws intended to protect competition, market forces, and consumers?
Editor's note · Context
Addressing the Consumer-First Energy Act of 2008 and the need to protect consumers from high fuel prices.
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