Sen. Robert Menendez (D-NJ) today in Paterson
PATERSON - It worked in 2006, and with time running out in which to prop up and target an upside-down President George W. Bush and his allies, senators Frank Lautenberg and Robert Menendez took a shot today in front of a Citgo gas station sign that read: Gas: $3.95, cash; $4.05, credit.
While station owner Fadi Sabbagh stood nearby with arms folded and the cars rumbled in and out on Chamberlain and Preakness, Lautenberg and Menendez laid siege to the Bush administration and their Republican helpmates over high gas prices.
"When you have two oil men in the White House, it’s not shocking to wonder where our energy policies are headed," said Menendez, who along with Lautenberg wants to reintroduce legislation that last week failed to reach the required 60 cloture votes (51-43) on the Senate floor.
The Consumer-First Energy Act of 2008 would roll back $17 billion in tax breaks to oil companies and green light the reinvestment of that money into renewable fuels and energy efficiency. It would also create a windfall-profits tax for the top five major oil-and-gas companies (25% on windfall profits), and make price-gouging for gasoline a federal crime.
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