Welch Proposes Solutions To Keep Gas Prices In Check
04/29/11 12:44PM By Bob Kinzel, Ric Cengeri
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Gas prices have jumped by $1.30 a gallon since October 1 to almost $4 a gallon. Congressman Peter Welch believes President Obama should releases oil from the Strategic Petroleum Reserve. Welch is also pushing legislation that would close a tax loophole that benefits oil speculators and he wants to end tax breaks for oil companies.
He also discusses the causes of the price increase with VPR's Bob Kinzel..