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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U.S. oil production 2000 to 2010.
CHART: U.S. SENATE COMMITTEE ON ENERGY AND NATURAL RESOURCES