Gas Prices

GAS PRICES -- (House of Representatives - April 29, 2008)

The SPEAKER pro tempore. The Chair recognizes the gentlewoman from North Carolina (Ms. Foxx) for 5 minutes.

Ms. FOXX. Thank you, Mr. Speaker.

Gas prices have skyrocketed by more than 50 percent in the 15 months since the new majority took control of Congress. Back in North Carolina, constituents of the Fifth District and over the rest of the State are now paying $1.33 more per gallon for gas than when the Democrats took over.

Two years ago, Speaker Pelosi promised the American people a ``commonsense'' plan to lower gasoline prices. We're still trying to figure out what that plan is. House Democrats have not only failed to offer any meaningful solutions, they've pushed policies that will have precisely the opposite effect.

This $1.33 Pelosi premium is putting tremendous pressure on the budgets of the hardworking people of North Carolina. As gas prices soar to $3.50 and beyond, I pose this question: How much will the Pelosi premium end up costing average Americans? If this is part of the ``commonsense plan'' to lower gas prices, I'm afraid it isn't working.

Middle class families and their increasingly tight budgets need relief, not more broken promises. While House Democrats propose more of the same--tax increases--House Republicans have offered real commonsense solutions to reduce America's dependence on foreign sources of energy, lower gas prices here at home, and invest in all forms of energy to create American jobs and grow our economy.

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