Mr. President, I rise today to discuss high gas prices and the direct impact they are having on every American. Every day, we see the impact of high gasoline and diesel prices on our constituents and their pocketbooks. Some wonder if they will be able to put food on the table when they cannot afford the gas it takes to get them to work. Others see skyrocketing food prices caused by the increased fuel costs and wonder if they can afford a healthy meal for their children. Others wonder if they can take a vacation or cool their houses this coming summer. Today, gas prices hover around $4 per gallon. According to a recent USA Today/Gallup poll, nearly 7 in 10 Americans say that the cost of fuel is causing a financial hardship for their families. That same poll suggested that 21 percent of Americans say the impact of high gasoline prices is so dramatic that their standard of living is jeopardized. This is a serious problem and it needs immediate action. Unfortunately, rather than taking action to address the problem, I am concerned that Congress will once again punt on doing what we need to do to bring prices down now. To bring prices down, we need to address the fact that the United States imports too much oil from foreign nations. We need to increase supply at the same time we work to reduce demand. There are two approaches that have been considered in recent weeks. My Republican colleagues and I have offered legislation that will increase production in the Gulf of Mexico.…
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