Gas prices have increased 43 cents in the last month, and 77 cents a gallon over the last year. These skyrocketing prices are hurting American families, and are threatening to derail the economic recovery. You say, how much is this impact on the American family? Well, the Department of Energy says the average American family will spend about $700 more on gas this year than they did last year. That is going to impact every family, every family trying to deal with bills and kids and a mortgage. It is not as if this problem happened overnight. For over 2 years, Americans have heard the President deliver speeches and make promises on energy. But the President says one thing and then he does another. That 'say one thing, do another' policy does nothing to ease the pain at the pump. The administration's policies are making the problems today worse. The President's reckless policies have virtually shut down offshore exploration for oil. Last week, former President Bill Clinton called the delays in offshore oil and gas drilling permits ridiculous. Offshore oil production in the Gulf of Mexico is expected to drop 15 percent this calendar year. What that means is higher gas prices and fewer American jobs.
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Senator Barrasso discusses rising gas prices and their impact on American families and the economy.
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