Issue Position: Gas Prices

Issue Position

Date: Jan. 1, 2012
Issues: Oil and Gas

Oil production in the United States is at the highest levels we've seen in over eight years, and yet gas prices continue to rise. These increases are driven by a variety of complex factors, including unrest in Syria and the Middle East, fluctuating global demand -- especially in China and India, the actions of commodity traders and financial speculators on Wall Street, and obscene profit-taking by the big five oil companies.

Lowering fuel costs -- not protecting oil company profiteering -- and stimulating research and development of more fuel-efficient technologies must be a priority for our leaders in Washington. If elected, I will take action to end the billions of dollars in taxpayer subsidies to the oil industry, I will hold Wall Street speculators accountable, and I will address the long-term issue of our national dependency on oil by advocating for more fuel-efficient (and affordable) cars and trucks.


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