The American Petroleum Institute, Big Oil’s main lobbying group, “has embarked on a multiyear, multimedia, multimillion-dollar campaign” to convince voters that “rising energy prices are not the producers’ fault and that government efforts to punish the industry, especially with higher taxes, would only make pricing problems worse.”
The Senate Democrats unveiled the Consumer-First Energy Act of 2008, a bill to address the root causes of high gas prices. Major oil companies “are getting away with murder” and “gouging” consumers as the price of oil continues to soar, Sen. Carl Levin (D-MI) said.
