Thanks to the Democrats - New benchmark in gas price achieved, poor hardest hit

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Drivers are paying an average of $4 for a gallon of gasoline for the first time. AAA and the Oil Price Information Service say the national average price for a gallon of regular gas rose to $4.005 overnight from $3.988. But consumers in many parts of the country have already been paying well above that price for some time.

Gas is expected to keep climbing, putting greater pressure on consumers and businesses, because the price of oil is soaring in futures markets. Light, sweet crude shot up nearly $11 a barrel Friday and approached $140 for the first time.

Along with higher fuel costs, consumers are also contending with higher prices for food and other goods because of rising transportation costs.

As a reminder:

  • Democrats have obstructed every attempt at expanding domestic oil production for the last 30 years.
  • Democrats want to increase taxes on the oil companies, which will be passed directly to the consumer in the form of even higher gas prices.

I hope you Democrats are proud of yourselves.

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This page contains a single entry by LB published on June 8, 2008 11:58 AM.

Hillary's concession speech was the previous entry in this blog.

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