We have gasoline at $2 a gallon. If that doesn't drive demand, I don't know what will.
Sentiment: NEGATIVE
Certainly, we are hurt by the high fuel prices because it raises our cost.
If the Administration does nothing, high gasoline prices will continue to increasingly burden our economy, taking millions of dollars out of the hands of families and putting it straight into the pockets of OPEC.
The only way people are going to change their car buying habits, and the only way government will get behind alternatively fueled vehicles, is if gasoline prices continue to go up.
Fuel prices are at the center of our lives. They affect our ability to travel, stay warm, and feed ourselves.
We need to do more to conserve fuel or face tougher choices such as steep price increase or even quantitative restrictions.
One of the things we worry about when we cut the tax on gasoline is that it basically stimulates additional use.
Following the devastation of Hurricanes Katrina and Rita, $3 per gallon gasoline became common and our nation has come under considerable strain.
As the price of gas goes up, people will become more conscience of how much they use.
Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can be sure rises faster that the price of gasoline is the skyrocketing profits of oil companies.
As the economy grows, so will the demand for energy.
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