[Congressional Record Volume 154, Number 95 (Tuesday, June 10, 2008)]
[House]
[Page H5118]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DEMOCRATS TAKE ACTION ON RECORD HIGH GAS PRICES AT THE PUMP
(Mr. WU asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. WU. Madam Speaker, I, for one, welcome this opportunity to engage
in a debate with my friends across the aisle about who truly stands
with the American consumer versus standing with Big Oil.
Over the weekend, the average price for a gallon of gas hit $4 per
gallon. It's $4.50 per gallon at the pump closest to this debate. These
outrageous prices are taking their toll on all of us, and the average
American driver now pays more than $2,200 per year for gasoline, up
from about $1,400 a year in 2001 at the beginning of the Bush
administration.
Since January 2007, when this Democratic Congress came into the
majority, we have been committed to changing the Nation's energy policy
so we can lower prices at the pump. Last year, this Democratic Congress
passed the landmark law that will make cars and trucks more efficient,
which will eventually save American families somewhere between $700 to
$1,000 each year. We have followed this up this year by passing bills
cracking down on price gouging by Big Oil.
____________________