Senator Bernie Sanders has unveiled a plan to
significantly lower gas prices for the rest of the year.
Sanders wants to suspend
both the federal and the state gas tax for the next 6 months – he says he’ll pay
for his plan by imposing a windfall profits tax on the major oil companies.
Senators Judd Gregg and John Sununu have joined their colleagues in writing to
President Bush to request that the Energy Department temporarily stop deposits
of domestic crude oil into the U.S. Strategic Petroleum Reserves to ease
record-high gas prices.
Bernie Sanders says he hopes the prospect of $4-a-gallon gasoline is
enough to get the attention of Washington.
wants Congress to take action that would drive down prices for gas and home
heating season may be winding down, but consumers are still reeling from the
high costs of staying warm this winter. The
price of a gallon of home heating oil averaged $3.46 in
March, almost a dollar more than the year before.
VPR’s Ross Sneyd reports, experts say prices could remain high next winter and
this is a good time to plan.
Bernie Sanders wants the federal government to crack down on lending companies;
fuel prices are rising while oil companies earn record profits; Vermont’s top transportation official says he’s willing to
consider new ways of raising money to pay for road and bridge repair.
Here are the top stories at 7:30 a.m.:
Vermont’s Senators say homeowners in their state can use some
help; the Vermont Senate wants the state Attorney General to investigate whether oil
companies are fixing prices and gouging customers; a Mendon hotel has
been shut down by the state after tests confirmed it as the source for a case
of Legionnaires’ disease; and a worldwide
shortage in hops, a key ingredient in beer, is hitting home in Vermont.