JIM CRAIG DEMANDS ACCOUNTABILITY FROM REP JEB BRADLEY ON RISING ENERGY COSTS

For Immediate Release

Contact: Jean Weinberg

603.203.8557

RISING ENERGY COSTS AND THE DEVASTATING EFFECTS ON

NEW HAMPSHIRE FAMILIES AND THE GRANITE STATE ECONOMY

Prices Soar At the Pump and the Vital New Hampshire Tourist Economy Suffers from Rising Gas Prices

(July 13, 2006)—Today, Congressional Candidate Jim Craig is demanding accountability from Rep. Jeb Bradley on rising energy costs and the devastating effects on New Hampshire families and the Granite State economy. The average price drivers will pay for gasoline this summer just rose to $2.88 a gallon, 12 cents more than the $2.76 average price the federal Energy Information Administration had previously forecast. While gas prices soar, the vital tourism economy suffers with the reluctance of consumers to hit the roads during peak summer months. Statistics show gasoline road toll revenues in New Hampshire are declining, actual versus projected revenues for last month were down $3.3 million dollars. The overall economic impact of tourism in New Hampshire is roughly $9 billion dollars.

“Jeb Bradley has consistently voted in favor of big oil instead New Hampshire families and the state’s economy,” Jim said. “It’s time for him to answer for his voting record against tougher standards on price gouging and funding for renewable energy sources. Our families deserve real leadership in Congress and I pledge to stand up to the Bush administration and the special interests to create real solutions to the energy crisis that will build the economy and provide energy independence.”

Jim Craig, candidate for Congress in New Hampshire’s First District, is a lifelong resident of New Hampshire and his roots in the Granite State stretch for five generations. As a veteran of the US Army, he worked for his law degree with the help from the GI Bill and joined his family's law practice. For over 20 years, he has promoted the health and well-being of families by serving on non-profit community boards. He was elected to the New Hampshire State House in 1998 and now serves as Democratic Leader. While in Concord, he worked tirelessly to create bipartisan, practical solutions for the state. As leader, he created a labor caucus that addresses working families' concerns.

Citations:

[USA TODAY, “ Gas price forecast for summer revised higher, to $2.88 a gallon, ” 7/12]

[ http://admin.state.nh.us/accounting/Monthly%20Rev%20June-06.pdf]

[http://www.nhtourism.org]

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JEB BRADLEY’S RECORD ON ENERGY

Ø Jeb Voted Against Removing Tax Breaks for Big Oil Companies from Tax Bill.

The vote was against a motion to instruct conferees negotiating H.R. 4297, the Tax Reconciliation Bill. The motion would instruct House conferees to 1) to accept three bipartisan provisions from the Senate that would remove subsidies and close loopholes for large integrated oil companies, so that big oil companies would pay their fair share of taxes, and 2) strike the extension of the capital gains and dividend tax cuts. The total for these two proposals is $51 billion. In 2005, the top five oil companies reaped more than $100 million, three times their profits in 2002.

[HR 4297, Vote #109, 4/27/2006; Failed 190-232; R 4-223; D 185-9; I 1-0]

Ø Jeb Voted against tougher Price Gouging Laws. The vote opposed a motion to grant new authority to the Federal Trade Commission to investigate, enforce and then punish price gouging and market manipulation.

[HR 3893, Vote #518, 10/7/2005; Failed 200-222; R 3-222; D 196-0; I 1-0]

Ø Jeb Voted Against Giving Consumers Immediate Relief At The Gas Pump.

The vote was against an alternative energy plan that would bring immediate relief to consumers at the pump, increase the nation's investment into renewable fuels and energy efficiency and crack down on price gouging.

[HR 6, Vote #118, 4/20/2005; Failed 170-259; R 4-226; D 165-33; I 1-0]

Ø Jeb Voted Against $30 million in Funding for Renewable Energy Sources

[HR4614, #321, 6/25/04]

Ø Jeb Voted against Provisions Reducing Fraud and manipulation of energy markets, aimed at preventing future blackouts.

[HR4503, #240, 6/15/04]