Sunday, November 25, 2007

Edwards Announces Plan To Combat Rising Fuel Costs

From The Edwards Campaign:

"Today, Senator John Edwards unveiled his proposals to take on big oil companies to fight rising home heating costs. At town hall meetings in Meredith and Rochester today, Edwards announced his plan to provide immediate relief for families facing unaffordable home heating costs and highlighted his proposals for taking on big oil and gas companies to halt global warming and build a new energy economy based on efficiency and renewable energy. As he prepares to visit New Horizons food bank in Manchester tomorrow, Edwards also emphasized the power that everyday Americans have to help families in their communities overcome the hardship of high home heating costs.

"New England families are facing skyrocketing home heating oil and gasoline prices – all to fuel massive profits for Big Oil," said Edwards. "As home heating oil prices are approaching a record-high, today families in New Hampshire are paying nearly three times as much as they did in 2000 for heating oil. Meanwhile, the top six oil companies have collected over $477 billion in profits over the past six years. Exxon Mobil, for example, earned $40 billion last year, the largest annual corporate profit in history."

Today, he called on President Bush, Congress, and state leaders to:
-Release Supply from National Oil Reserves
-Fully Fund the Low-Income Home Energy Assistance Program
-Weatherize Thousands of Homes
-Support Emergency Loans for Families

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