record high. It has nearly doubled in the past 18 months. Would
you be shocked to know that Washington, D.C. politicians are
is time to take action.
Bad policy from Congress is a major reason gasoline is going
through the roof. Led by Speaker Nancy Pelosi, Congress
continues to block development most of America's significant
reserves of oil and gas, instead vilifying "Big Oil" and scheming
up new tax increases.
By hamstringing American oil producers, Congress perversely
makes the world more profitable for Venezuela, Iran, and the
rest of OPEC. Already, a staggering 80 percent of the world's
oil supplies are now controlled by foreign governments and
government-owned firms. In fact, Exxon-Mobil, the largest
U.S. oil company, controls fewer oil reserves than the 14
largest government owned oil producers. Predictably, these
state-owned operations are increasingly inefficient and
backwards, resulting in declining productivity. But every
Congressional restriction makes America more dependent
on these sources of energy.
another bottleneck in the supply chain. America hasn't
constructed a new refinery in over 30 years, thanks in part
The question now is whether Congress responds by passing
more counterproductive ideas like "windfall profit taxes" on
American oil producers, or whether it will address the
fundamental supply and demand issues propelling much of
the price increase.
Like Ronald Reagan said during the 1980 energy crisis,
"America must get to work producing more energy. [Our]
program for solving economic problems is based on growth
and productivity…"
On that platform, Ronald Reagan was elected president,
whipped the energy crisis, and ended the oil shocks and
shortages that plagued America in the 1970s. Twenty-eight
years later, it's time to revisit Reagan's vision and get back
to work.
Make Gas Cheaper NOW by:
- Cutting gas taxes and banning earmarks
- Increasing American oil production
- Building and expanding U.S. refineries
With this debate in mind, FreedomWorks' newest campaign site,
GasPriceProtest.com is a call to action for substantial policy action
in Congress. Our petition is the limited government alternative to the
higher taxes and regulatory solutions being proposed by the Left.
Help us get this campaign started. Please visit the site, sign the petition,
and tell your friends about GasPriceProtest.com.
601 Pennsylvania Avenue NW
North Building, Suite 700
Washington, D.C. 20004
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