[Congressional Record Volume 152, Number 56 (Wednesday, May 10, 2006)]
[House]
[Page H2344]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PROVIDE REAL TAX RELIEF FOR CONSUMERS AND REPEAT ENERGY TAX BREAKS
(Mr. CLEAVER asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. CLEAVER. Mr. Speaker, how high do gas prices have to go before
this administration is willing to break its ties with the oil and gas
company CEOs? For 5 years now, the major oil companies have been
bringing in record profits, while the pain at the pump has grown worse
for average Americans.
Today, consumers are paying $3 a gallon. If you are making minimum
wage, that means your first hour at work is used to buy 1\1/2\ gallons
of gasoline for your car.
Major oil companies just reported $16 billion in profits for the
first quarter alone, and the national response has been moral outrage.
Yet last year they pushed through an energy bill that gave oil and gas
companies an additional $20 billion in tax breaks and subsidies.
The problem is, those in charge here are not willing to have the
courage to stand up and make things right.
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