Dems Admit: Gas Tax Not ‘About Lowering Prices’

Dems Admit: Gas Tax Not ‘About Lowering Prices’

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According To Dems, Their Tax Hike On Energy Manufacturers ‘Won’t Decrease Prices At The Pump,’ They Say It’s Not ‘About Reducing Gas Prices’

 

Dem Leader: ‘Not A Question Of Gas Prices’

 

SEN. CHUCK SCHUMER (D-NY): “This was never intended to talk about lowering prices.” (CNN’s “The Situation Room,” 5/11/11)

 

SEN. HARRY REID (D-NV): “But it is not a question of gas prices.” (Sen. Reid, Floor Remarks, 5/16/11)

 

SEN. ROBERT MENENDEZ (D-NJ): “Nobody has made the claim that this bill is about reducing gas prices.” (“McCaskill: Savings From Cutting Oil Tax Breaks Should Be For Deficit Reduction,” The Hill’s E2 Wire Blog, 5/10/11)

 

SEN. MAX BAUCUS (D-MT): “You know, this is not going to change the price at the gasoline pump. That’s not the issue. I don’t see that as an issue at all.” (U.S. Senate, Finance Committee, Hearing, 5/12/11)

 

SEN. MARY LANDRIEU (D-LA): “It will not reduce gasoline prices by one penny.” “I would just like to add my strong voice to urging my colleagues to read this bill, to look at it and understand the inherent unfairness in it, the lack of significant deficit reduction, and the fact that it will not, although it is being touted as, it will not reduce gasoline prices by one penny.” (Sen. Landrieu, Floor Remarks, 5/11/11)

 

SEN. MARK BEGICH (D-AK): “It won’t decrease prices at the pump for our families and small businesses. It will discourage companies, especially the independents, from domestic investment and job creation.” (Sen. Begich, Floor Remarks, 5/11/11)

 

SEN. CARL LEVIN (D-MI): “…this proposal will not alter the economic fundamentals that determine gasoline prices.” (Sen. Levin, Floor Remarks, 5/16/11)

 

Avg. Price Of Gas Nationwide Now: $3.90 Per Gallon

(“Daily Fuel Gage Report, Current Average, Regular,” AAA, 3/26/12)

 

“The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks. That’s according to the Lundberg Survey of fuel prices, released Sunday, which puts the price of a gallon of regular at $3.93.”

 

·         “Of the cities surveyed, Tulsa, Okla., has the nation’s lowest average price for gas at $3.58. Chicago has the highest at $4.56.” (“National Gas Prices Up 11 Cents In Past 2 Weeks,” The Associated Press, 3/25/12)

 

‘The Main Problem With High Gasoline Prices Is Their Rapid Rise, Not Their Total’

 

“…Obama suggested that the main problem with high gasoline prices is their rapid rise, not their total of about $4 a gallon. ‘I think that I would have preferred a gradual adjustment,’ Obama said.” (“One Down, More To Go For Republicans Aiding McCain,” The Associated Press, 6/12/08)

 

·         CNBC’S JOHN HARWOOD: “So could these high prices help us?” SEN. BARACK OBAMA (D-IL): “I think that I would have preferred a gradual adjustment.” (CNBC’s “Special Report,” 6/10/08)

 

Energy Secretary Previously Said He Wanted ‘To Boost The Price Of Gasoline’

 

STEVEN CHU: “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” (“Times Tough For Energy Overhaul,” The Wall Street Journal, 12/12/08)

 

Current Price Of Gas ‘In Europe’

Italy: $9.38 Per Gallon

Germany: $8.41 Per Gallon

France: $8.70 Per Gallon

UK:  $8.52 Per Gallon

(“Actual Prices Per On Liter Of Fuel,” Europe’s Energy Portal, Accessed 3/26/12)