Regular gasoline is selling for $4.40 a gallon where I live.
In today's Weekly GOP Address, Sen. Kay Bailey Hutchison (R-TX) suggests doing something about it.
Sen. Hutchison says, "With energy prices soaring nationwide, many American families are struggling to put gas in their cars and trucks. We are seeing the price of food and other goods rise. An overwhelming majority of Americans say gas prices are causing financial hardship for their families. And more than half say they have had to make major changes to their budgets to compensate.
"Unfortunately, rather than work to increase domestic energy production and help bring down gas prices, the Obama Administration is seeking to impose more regulations and taxes on oil and gas companies. This is placing our own valuable resources out of reach and stifling job creation -- their proposals will actually increase pain at the pump.
"Earlier this week, Republicans put a modest bill to increase production on the floor, and Democrats couldn't even support that with gas hovering around $4 a gallon!"
Related post:
Shimkus video: American energy equals American jobs
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