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Follow on Google News | Clinton Speaks on Senate Floor in Support of Curbing Energy Speculation & Achieving Long Term EnergySenator Hillary Clinton spoke today on the floor of the U.S. Senate in support of legislation to crack down on speculators who are contributing to the dramatic increases in energy prices.
By: Rena Silverman “I believe we can lower gas prices in the very near term by taking smart, practical, sensible steps to address rampant oil speculation,” Senator Clinton criticized the idea that additional off-shore drilling would provide any substantive solutions for America’s short or long term energy challenges. “Drilling is the wrong answer. It will do nothing right now. It is literally a Shell game, or an Exxon Mobile game. It's designed to serve the political interests of vulnerable Republicans and the financial interests of profit-rich oil companies. Average Americans will not see a dime,” Senator Clinton said. “The oil companies say, ‘Drill,’ and the President and the Vice President say, ‘How deep?’ I don't think that's the smartest, most effective answer.” Senator Clinton outlined her proposal to create a Strategic Energy Fund to jumpstart research and investment in clean energy technologies to promote job growth, energy independence and a cleaner environment. She also underscored her support for providing energy relief to low-income families in New York and across the country. Senator Clinton has long been an advocate of fully funding the Low-Income Home Energy Assistance Program (LIHEAP). Senator Clinton has previously cosponsored the Petroleum Consumer Price Gouging Protection Act and the Close the Enron Loophole Act, which would protect consumers from unscrupulous energy profiteers and increase transparency in the retail and wholesale markets. Watch her comments here: http://www.youtube.com/ # # # A Native of New York, Rena writes as a freelance speech writer, ghost writer, journalist, and poet. She has been represented by the Hearst Corporation, Conde Nast, and Random House. End
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