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June 10th, 2008 - $4.04
Gas Prices Continue To Soar As Democrats Pursue A “Psychological” Solution That “Will Not Directly Drive Down Gas Prices”
SINCE DEMOCRATS TOOK THE MAJORITY:
$1.71 Per Gallon Increase
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)
SINCE 48 DEMOCRATS VOTED TO BLOCK INCREASED OIL SUPPLY
$.32 PER GALLON INCREASE
The American Energy Production Act Of 2008: (S.Amdt.4720, Roll Call Vote #123, Rejected 42-56: R 41-6; D 1-48; I 0-2, 05/13/08)
On May 13, 2008 the average price of gas was $3.72 per gallon. (“Retail Gasoline Historical Prices: Data 3: Regular All Areas Formulations,” Department Of Energy, Accessed 06/03/08)
WHAT ARE THE DEMOCRATS DOING ABOUT GAS PRICES?
MOVING TO A BILL “DEMOCRATS ACKNOWLEDGE… WILL NOT DIRECTLY DRIVE DOWN GAS PRICES.”
ROLL CALL: “Of course, Democrats acknowledge that the provisions of their measure, which includes language designed to dampen oil market speculation, will not directly drive down gas prices, but they’re hoping that passage of the measure will send a signal to Wall Street that the government is moving to regulate what they see as an out-of-control industry and market. ‘A lot of the market is psychological,’ Schumer said.” (“Democrats Plan To Push Energy Until Year’s End,” Roll Call, 06/10/08)
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