You know it’s kind of funny…heat used to be just one of those things that you used in the winter time to keep your house warm. If it was too cold, you turned up the heat. Too hot? Turn it down.

Now, it’s like a staring contest between my body temperature and my wallet. The first one to blink loses. The contest lasts all winter and there will be a tally at the end to determine the winner.

To the chagrin of my family, my wallet has become a better “starer”.

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Dear Marc,

As you well know, gas prices are on the rise in Vermont and throughout the country. The steep rise in recent weeks is driven in part by turmoil in the Middle East and in part by oil speculators taking advantage of the crisis to make a profit.

Vermont families and small business owners, struggling to make ends meet, are reeling from this spike in gas and fuel oil prices which threatens to derail an already fragile economic recovery.

I am working in Congress on legislation that will provide short-term relief for Vermonters, go after oil speculators, and create a long-term strategy to move the United States towards energy independence so we are no longer vulnerable to events beyond our control.

I hope you’ll read more about my efforts below.

Sincerely,

Congressman Peter Welch

I don’t see anywhere here where he proposes to lift the moratorium on drilling for oil in the gulf.

With gasoline prices at a two-year high, President Barack Obama today called for a crackdown on “price gouging” at the pump. Some consumers may feel relief to hear that the White House intends to protect them from supposedly unscrupulous suppliers. But the President’s energy policies are a lot more to blame for the current high prices than any market manipulation. And to the extent his “price gouging” rhetoric persists, the rise in oil prices could worsen.

No one person can “control” gas prices, but the president of the United States certainly has a lot of potential influence, for better or worse, in that department.

The record shows that government price controls have consistently proven to be disastrous. In the 1970s, for example, artificially low prices imposed by the Carter Administration resulted in shortages that caused gas lines a la Eastern Europe.

Quotes are from the Diane Katz at the Heritage Foundation

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