We applaud the introduction of the Energy Price Reduction Act of 2008, which is a common sense approach to skyrocketing gas prices.

In this era of record corporate profits and stagnant workers’ wages, when hard-working people are already struggling, outrageous gas prices are the final straw. We are getting to the point where Americans with full-time jobs can’t afford to feed their families and keep a roof over their head.

Congress must act because, as we have seen over and over again, the Bush - Cheney White House will never interfere with Big Oil's ability to turn record profits at the expense of the American public. 

We are particularly encouraged by the provisions designed to encourage investment in new energy capacity.  Not only will this put more Americans to work but it should also help keep future energy costs reasonable.

Working people are fed up with policies that put corporate profits ahead of workers’ prosperity. It’s time to fill the tank with affordable gas, make a complete U-turn from the policies of the past, and clear the road for working people to reach the American dream.

Contact: Caren Benjamin 202-637-5018