"At present, the reality is that our economy is dependent on oil and will remain so for at least another generation. Thus our short-term goal should be to do what we can to ensure that the cost of both producing oil and refining it into gasoline is contained, so that gasoline remains affordable to American consumers. Congressman Ron Paul (R-Texas) has introduced new legislation, H.R. 2415, the Affordable Gas Price Act. The bill states its own purpose: “To reduce the price of gasoline by allowing for offshore drilling, eliminating Federal obstacles to constructing refineries and providing incentives for investment in refineries, suspending Federal fuel taxes when gasoline prices reach a benchmark amount, and promoting free trade.â€Â
With this last, Dr. Paul means real free trade, not the managed, pseudo-free trade of NAFTA, CAFTA, and the like. The point is, the federal government has proven to be the biggest obstacle to our achieving energy independence and thus containing the alarming escalation of gas prices. Environmental groups may run a close second, but their influence is felt through legislation passed by Congress. What Congress has done in the past, it must now undo. H.R. 2415 would go at least part of the distance if it can obtain cosponsorship and support so that it will receive committee action and eventually come to the floor for a House vote.
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