Gas price on January 4, 2007: $2.33
RECORD Gas price on April 23, 2008: $3.53
The “Pelosi Premium”: $1.20/gallon
Washington– Rep. Paul Hodes (NH-02) and his Democrat leaders have failed to reveal their secret “commonsense plan to help bring down skyrocketing gas prices.” In the face of a slowing economy and soaring cost of living, Hodes and his fellow Democrats rejected a call to force Speaker Pelosi to tell the American people how she plans to relieve their pain at the pump.
Two years ago on the campaign trail, Democrat leaders made insistent promises to lower the cost of gas:
- Speaker Nancy Pelosi (D-CA): “Democrats have a plan to lower gas prices…” (Release, 4/18/06)
- Speaker Nancy Pelosi (D-CA): “Democrats have a commonsense plan to help bring down skyrocketing gas prices….”(Release, 4/24/06)
- Majority Leader Steny Hoyer (D-MD): “Democrats believe that we can do more for the American people who are struggling to deal with high gas prices….” (Release, 10/4/05)
- Democrat Whip Jim Clyburn (D-SC): “House Democrats have a plan to help curb rising gas prices.” (Online Town Hall Meeting, 7/26/06)
“Contrary to their campaign promises, Democrats have done virtually everything they can do to raise the price of gasoline for U.S. drivers… and their plan has worked to perfection. The only question is why they aren’t doing more to take credit for the success of their plan?” (Nashville City Paper, op-ed, 4/17/08)
“Americans are facing new record high gas prices every day, and Paul Hodes and the Democrat-led Congress have done nothing to relieve the unbearable strain on Americans’ wallets,” said NRCC spokesman Ken Spain. “While inaction might be the hallmark of this Democrat-led Congress, Paul Hodes owes New Hampshire voters an explanation as to why he has gone to such a great extent to ensure nothing gets done on this issue.”
Since January 4, 2007, when Nancy Pelosi became Speaker Pelosi and the Democrats took control of Congress, gas prices have risen by $1.20 per gallon. In New Hampshire alone, the “Pelosi Premium” has resulted in an additional $1.08 at the pump.