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Thursday, March 15, 2012

postheadericon Addressing rising gas prices

In my home state of Indiana and all across the country, gas prices are too high. The average price of a gallon of gasoline has jumped significantly in recent weeks, and while some on Wall Street play games with the oil markets and big oil companies rake in record profits, working- and middle-class families and small businesses are the ones bearing the burden of the price at the pump.

This burden has real consequences for working- and middle-class families and small businesses. Families have to make tough choices -- for example, whether or not to sign the kids up for a traveling baseball league or whether they can afford to drive an hour to visit aging parents for the weekend. And the more money that families have to spend on gas, the less money they have for other things, such as car and mortgage payments. Increased gas prices also cause higher shipping costs, making the price of food and other necessities more expensive.

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