Wednesday, May 09, 2007

Getting Political Mileage Out of $3 Gas

With gasoline at an all time high -- and the summer driving season still weeks away -- politicians are going for all the mileage they can get.

Senate Majority Leader Harry Reid (D-NV) accuses big oil of deliberately shutting down refineries to drive up prices and profits.

House Speaker Nancy Pelosi (D-CA) announced seven hearings in coming weeks and wants an energy package ready for Congress by the Fourth of July.

Figured out the Democrat's theme? Independence Day. Get it, "energy independence?"

The Democratic plan would focus on cutting US gasoline demand by improving automotive fuel efficiency.

House Minority Leader John Boehner (R-OH) struck back saying Democrats have blocked plans to open Alaska's Arctic National Wildlife Refuge to oil and gas drilling. (Reuters)

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