This is unacceptable, and frankly, lends credibility to accusations of price gouging, ... Nobody should profit from tragedy.
Vice President Gore does not favor higher gasoline prices for consumers. That is not the case,
Many of these countries ... were concerned about low oil prices a year ago, when (crude oil cost) $10 a barrel, ... So was Sen. Campbell in Colorado. But now they are at $30. They're too high. I think most countries are agreeing with that.
I was shocked to learn that New Mexico does not have a law protecting consumers from price gouging,
High gas prices are going to revolutionize the way we drive and move our society to more fuel-efficient vehicles, ... Unfortunately, it's taken a crisis of high gas prices to move us in that direction.
This is a price problem, ... We don't want to manipulate energy markets.
This is a political campaign, ... I am the energy secretary for the Clinton-Gore administration. I want to fix the problem and I want to fix it with you. Oil industry profits are up. American people have questions about the high price of oil.
We do think prices will go up a little bit, but in the end we do think gasoline prices will stabilize,
Oil prices right now and prices at the pump -- there is no correlation.
It is important to have more production, ... the ideal price is between $20 and $25 -- that is good for producer countries and consumer countries.
We recognize that there are potential home heating oil shortages, ... We're concerned about natural gas too, both the prices and access and other issues.
The strategic petroleum reserve is used for national supply emergencies for a really rainy day. This is a price problem. We don't want to manipulate energy markets.
Hopefully it will lead to lower gasoline prices in the United States, ... The jury is still out. It's uncertain whether that will happen.