Transcript: Democrat's Radio Response
Saturday, April 29, 2006
Good morning. This is Congressman Bart Stupak of Michigan.
These days, every morning, Americans are paying more and more simply to go to work, to drop off their kids at school, or to pick up groceries at the store.
While Americans pay out at the gas pumps, big oil rakes in record profits. Last year, Exxon Mobil posted $36 billion in profits, the largest for any corporation in United States history. Thursday, the top four oil companies reported a first quarter profit of $20 billion, and oil executives, like former Exxon Mobil CEO Lee Raymond, retire with $400 million retirement packages.
Meanwhile, gas prices keep skyrocketing, and in Washington, Republicans continue to turn a blind eye to the oil industry's activities. From this Republican controlled Congress, we hear more of the same: 'Let's just drill our way to energy independence, sacrifice our environment, and provide big tax breaks to big oil.'
Democrats, on the other hand, want to implement bold changes that ease consumers' pain today, and, in the longer term, wean America from its addiction to foreign oil.
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