Statement of U.S. Senator Russ Feingold
On the Need for Real Energy Solutions
April 25, 2006
While I agree with the President’s call for investigations into
possible price gouging, stronger action is required, such as passage
of the Energy Emergency Consumer Protection Act, a federal price gouging
statute introduced last September that I supported, and serious investigations
of consolidation in the oil industry. With Americans being squeezed
by out-of-control gas prices, the administration must get tough with
big oil, and get serious about moving forward with real energy solutions.
We have to get at the root cause of these high gas prices – what
the President has called our nation’s addiction to oil. It poses
a significant threat to our economy, our national security, and our
environment and it is past time that we came to grips with it and rid
ourselves of that addiction by developing an energy policy that brings
us into the 21st century.
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