Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Dorgan: Little to be done about costly gas

|
|
 
  
Published: April 30, 2011 at 11:46 PM
Advertisement

WASHINGTON, April 30 (UPI) -- At least one former U.S. Democratic senator says there is very little Congress can do to rein in gas prices.

"Every time Americans have to shell out $60 or $80 to fill their tanks, they mutter under their breaths about government and it puts pressure on Congress and the White House to do something," said North Dakota's Byron Dorgan, now co-chairman of a project on energy at the Bipartisan Policy Center in Washington.

"But it's just howling at the moon. The basic laws of supply and demand haven't changed."

While Republicans in the House and Democrats in the Senate are not trying to repeal the laws of supply and demand, they are trying to roll back prices or at least to appear to be doing so, The New York Times reported Saturday.

House Speaker John Boehner, R-Ohio, suggested on a talk show that rolling back some of the tax breaks now enjoyed by oil companies might be appropriate, given their high profits. Boehner backtracked when President Obama cited him while making his own proposal for an end to $4 billion in oil company tax breaks.

Boehner now says taxing oil companies more will add to what drivers pay at the pump.

Topics: John Boehner
© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
Protesters, police clash at NATO summit Notable deaths of 2012 2012 Billboard Music Awards
The 137th Preakness Stakes Annual Solar eclipse occurs in U.S. Chen Guangcheng arrives in the U.S.
Additional Business News Stories
1 of 29
FORT LAUDERDALE HOSTS FLEET WEEK
View Caption
Crew members of the USS Kearsarge, Bryane Ingram, Timothy Williams, Curtilious Ingram and Yosuf Hill (l to r) prepare for shore leave shortly after docking at Port Everglades in Ft. Lauderdale, Florida on April 30, 2007. The Kearsarge and her crew will participate in Fleet Week USA as part of the McDonalds Air and Sea Show. (UPI Photo/Joe Marino-Bill Cantrell)
fark
Scientists pinpoint exact date of Christ's death. Resurrection still up for debate
Seriuosly, who doesn't like bears falling from trees?
The militant wing of the Salvation Army strikes again
Bizarre legal case involving a mysterious billionaire could force 1 million Quebecois to be married,...
Sorry about the 5 years you spent in prison because I falsely accused you of rape. Wanna be friends...
Woman fined for damaging telemarketer's hearing after blowing whistle into phone. Whatever the fine...