Oil Prices, Gas Prices and Domestic Production

Jeff Bingaman, chairman of the Senate Energy Committee, has a well-deserved reputation for focusing on facts. He worries about the many myths surrounding gasoline prices, oil prices and domestic production. Today, on the Senate floor, he called out some of these fictions and refocused attention on the facts.

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Weekly retail price for premium unleaded gasoline, including taxes, January 1996 to October 2011.
CHART: U.S. SENATE COMMITTEE ON ENERGY AND NATURAL RESOURCES