Warner: ‘All-of-the-above’ on energy policy

Third in a four-part series

What can Washington do about the near-record gas prices that a lot of us fear will cripple the economic recovery that has been slow in arriving anyway?

In the short term, U.S. Sen. Mark Warner, D-Va., concedes, not much.

“It’s not like America is paying a signficantly higher price for gas than anybody else in the world. This is a worldwide commodity. People in India, people in China, people in Europe are still paying that same hundred and five, hundred and six dollar barrel price that we’re paying in America,” said Warner, who nonetheless thinks that a balanced “all-of-the-above” approach to energy policy could have some impact in the near term. Read more

Robert Hurt: Gas prices

This past week, I spent time touring the district in order to talk with Fifth District Virginians about the most pressing issues facing our country. We made nearly 20 stops across the district and visited with local businesses, families, and individuals to listen to their concerns.

We stopped in Chatham, Java, Hurt, Bedford, Forest, Buckingham, Dillwyn, Ruckersville, Charlottesville, and Scottsville. And while we met with many different people at each stop, their concerns were all the same. Whether it was the sawmill owner in Java, the senior citizen filling her prescription in Dillwyn, the family garden center owner in Charlottesville, or Loggers in Scottsville, they were all concerned with the rising costs of fuel prices. Read more

AAA; National average for unleaded headed toward $4 mark

Prices at the pump continued their relentless upward movement this week, despite a slight retreat in the oil markets.  The national average price for regular grade gasoline jumped a penny this week to $3.94 per gallon Friday and remains 18 cents higher than month ago prices, 21 cents higher than a year ago and within 17 cents of the all-time record high of $4.11 per gallon set in July 2008.  Gas prices are within 4 cents of last year’s high of $3.98 reached on May 4. Read more

Chris Graham: No more cheap gas?

Drill all you want. The days of $2-a-gallon gas – hell, $3-a-gallon gas – are over.

That’s just reality. Peak oil or no peak oil, we’re finding new sources of oil, which is good news, except that, bad news, it’s a lot harder (and thus more expensive) to tap these new finds like the ones off the coast of Brazil and in the plains of North Dakota. The reason oil companies are willing to develop these harder-to-extract sources is clear – it’s called moolah, and gobs of it. Read more

AAA: Gas prices near record highs

Gas prices continued their steady climb this week, coming within a nickel of last year’s high of $3.98 per gallon (reached in early May).

The national average price for regular grade gasoline rose 4 cents this week to $3.93 per gallon Friday.  Prices remain 20 cents higher than month ago prices, 31 cents higher than a year ago and within 18 cents of the all-time record high of $4.11 per gallon set in July 2008.  Read more

Allen visits Luray on campaign stop

George Allen led a town-hall-style meet-and-greet in the open air outside the entrance of Luray Caverns in Luray Saturday afternoon. His main topic of discussion revolved around how rising gasoline prices are adversely impacting the people of the Shenandoah Valley.

“I am running for the Senate because I don’t like where things are going,” said Allen.  “This is the worst job market since World War II for young people,” he continued. “Unemployment is high but more disturbing and discouraging is the underemployment.”  Read more

Obama talks gas prices with AAA

With prices climbing more than 60 cents a gallon since Jan. 1, President Barack Obama discussed energy and rising gas prices—a top-of-mind issue for motorists across the country including AAA’s more than 53 million members—in a meeting with AAA on Thursday.

Following his speech on energy issues in Cushing, Okla., the President spoke to a representative of the nation’s largest auto club that serves one-in-four American households. As an advocate of motorists nationwide, AAA asked the President questions likely to be foremost in the minds of drivers feeling the pain at the pump. Read more