Jun 11 2008
‘Yesterday we heard the Democrat nominee for President suggest that rising gas prices aren’t the problem. The problem, he suggested, is that they’ve gone up too fast. He said he would prefer a ‘gradual adjustment.’
Washington, D.C.— U.S. Senate Republican Leader Mitch McConnell delivered the following remarks on the Senate floor Wednesday regarding the Democrat majority’s failure to address the need for increased production and support for a ‘gradual adjustment’ upward in the price at the pump:
“Yesterday we heard the Democrat nominee for President suggest that rising gas prices aren’t the problem. Let me say that again: the Democrat nominee for President suggest that rising gas prices aren’t the problem. The problem, he suggested, is that they’ve gone up too fast. He said he would prefer a ‘gradual adjustment.’
“The position outlined by the Democratic nominee shouldn’t be a surprise to most Americans, given that Washington Democrats have repeatedly refused to allow increased energy production here at home — even though, as we all know, increased supply leads to lower prices.
“It’s as if they are doing everything in their power to keep gas prices from going down.
“Whether it’s shutting down domestic exploration in large areas both onshore and offshore, instituting a moratorium on oil shale development, increasing the gas tax, or refusing to pursue coal to liquids, Democrats long ago implemented a ‘gradual adjustment’ on gas prices that's reflected today in the $4.05 Americans are paying for a gallon of gas.
“I know that
“They need a solution for their pain at the pump.
“We've seen a lot of recent converts over the last few months suddenly advocating for lower gas prices. But their longtime advocacy of limiting domestic supply and increasing the gas tax has brought us to where we are today.
“And recycling the same failed ideas from the 1970s and increasing our reliance on Middle Eastern oil only makes the problem worse. Let me be clear, at a time of record high gas prices, we don’t need to tax them higher or make American consumers more reliant on Middle Eastern oil.
“The American people want us to address high gas prices. And we should do so in the only way that will have a lasting impact—by increasing domestic supply in an environmentally responsible way and increasing American jobs in the process.
“When our friends on the other side agree to the same, we'll believe that they're serious about lowering gas prices. Until then, we'll be left to conclude they all support the ‘gradual adjustment’ advocated yesterday by their nominee.”