Friday, May 16, 2008

Senators Blast Proposed Global Warming Bill

Republican Senators James Inhofe of Oklahoma and Jeff Sessions of Alabama criticized proposed legislation in the Senate that would boost gasoline prices for U.S. consumers an additional $1.50 to $5.00 per gallon. Passage of the Lieberman-Warner Climate Security Act would direct the Administrator of the Environmental Protection Agency to establish a program to decrease emissions of greenhouse gases, and for other purposes according to the bill's sponsors, Senators Joseph Lieberman of Connecticut and John Warner of Virginia.

The average price of gasoline in the United States stands currently at $3.72 per gallon while the average cost of deisel fuel per gallon in the U.S. is $4.33. The Republican Senators say that cost increases resulting from the proposed Senate bill would would raise fuel prices from $5.22 to 8.72 for gasoline and $5.88 to $9.33per gallon for deisel.

The Senators delivered their remarks before the Business and Media Institute and the National Press Club.

An audio of Senator Sessions interview can be accessed here.

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