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Democrat Suggests That Passing Legislation To Address High Gas Prices Before The Election “Can Almost Hurt You” Politically
SENATE DEMOCRAT AIDE: Passing Legislation To Curb Rising Gas Prices “Would Not Actually Have A Tremendous Enough Impact On Gas Prices In Time For The Election” And “Can Almost Hurt You” Politically. “‘Anyone who is honest about energy policy knows there is no quick fix,’ said a Senate Democratic aide, ‘which means that even if one side or the other passed their solution, and hailed it as a great victory, it would not actually have a tremendous enough impact on gas prices in time for the election. So one perspective you could take is that success can almost hurt you – if you do pass something,’ the aide said. (“Bipartisan Spirit On Hill Has Yet To Land Energy Deal,” The Hill, 06/23/08)
Dems’ Gradual Adjustment Of Gas Prices
Democrat Opposition To New Sources Of American Energy Has Helped Create A $1.74 Per Gallon “Gradual Adjustment” Since They Took The Majority
$1.74 Per Gallon Increase Since Democrats Took The Majority: When the Democrats took over Congress on January 4, 2007, the average price of regular gasoline was $2.33 per gallon. (“Retail Gasoline Historical Prices: Data 3: Regular All Areas Formulations,” Department Of Energy, Accessed 11/28/07)
CNBC'S JOHN HARWOOD: “So Could These High Prices Help Us?”
SEN. BARACK OBAMA (D-IL): “I Think That I Would Have Preferred A Gradual Adjustment.” (CNBC's “Special Report,” 06/10/08)
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