CAMP CALLS ON GOVERNMENT, BUSINESSES AND CONSUMERS TO JOIN FORCES IN BATTLING GAS PRICES
Congressman's three-pronged strategy: investigate, innovate and invest
A government investigation of the oil and gas industry coupled with innovation within the automotive industry and consumer investment in alternative fuel technologies for homes and vehicles is a three-pronged approach to drive down gas and energy prices advocated by U.S. Rep. Dave Camp (R-Midland).
The "investigate, innovate and invest" strategy is "a realistic approach that will have substantive results, not just some election year gimmick," according to Camp, a leading advocate of alternative fuel technologies on Capitol Hill.
"Record prices at the pump are burning up any extra money families had left over at the end of the month and slowing our economic growth," said Camp. "It is time we get serious as a government and as a nation about kicking our addiction to gasoline. We didn't just wake up one morning to find gas prices had jumped from one-dollar per gallon to three-dollars per gallon, and the solution won't appear overnight either. However, there is a real and substantive way to reduce gas prices. My investigate, innovate and invest' strategy will lower gas prices; it will reduce our dependence on foreign oil; it will spur economic activity; and, it will be good for our environment."
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"There is nothing we can do about China and India increasing demand for oil, but we can impact our domestic market. As consumers we also play a role in driving up the cost of oil. By investing in alternative fuel vehicles - even the large SUVs powered by new technologies - we will help drive down demand and drive down prices," said Camp.