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Gas Prices at All-Time Christmas High
Posted By Rory Cooper On December 20, 2011 @ 4:12 pm In Featured,Scribe | Comments Disabled
Americans hitting the road this week are likely to encounter the highest-ever price for gas at Christmas in history. According to figures from AAA , the nationwide average for regular unleaded is $3.21 per gallon — an increase of 23 cents over last year’s Christmas record.
This marks the second straight year Americans are paying more  at the pump during the holidays. The price in 2009 was around $2.60 per gallon and jumped to about $3 per gallon at Christmas last year.
These higher prices aren’t grabbing headlines as they once did , but that doesn’t mean Washington should ignore the issue.
As part of its North American Energy Inventory  report, the Institute for Energy Research recently outlined steps that policymakers could take to reverse America’s decline in energy production.
Among the ideas:
There’s also the added benefit of more revenue for the federal government with increased energy production, a point Sen. David Vitter (R-LA) stressed on last week’s Scribecast .
Heritage’s Nick Loris recently commented : “Allowing access for exploration and creating an efficient regulatory process that allows energy projects to move forward in a timely manner will not only increase revenue through more royalties, leases, and rent; it will also create jobs and help lower energy prices in the process.”
Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2011/12/20/gas-prices-at-all-time-christmas-high/
URLs in this post:
 figures from AAA: http://fuelgaugereport.aaa.com/
 second straight year Americans are paying more: https://apps.midatlantic.aaa.com/siteapps/files/apps/safety/cms_release_content.asp?id=7233
 aren’t grabbing headlines as they once did: http://blog.heritage.org/2011/04/27/obamas-top-six-gas-price-myths-busted/
 North American Energy Inventory: http://energyforamerica.org/inventory/
 stressed on last week’s Scribecast: http://blog.heritage.org/2011/12/17/scribecast-sen-david-vitter-on-drilling-jobs-and-the-deficit/
 Nick Loris recently commented: http://www.heritage.org/research/reports/2011/09/energy-exploration-would-create-jobs-and-raise-revenue-without-raising-taxes
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