(May 10, 2008)—In the Democratic Party’s weekly radio address Saturday, Michigan Senator Debbie Stabenow said the rising price of oil is no longer just a burden, but a "crisis for every American family."
Oil rose above $126 a barrel for the first time Friday and gasoline prices rose above an average $3.67 a gallon at the pump.
She used the address to promote Democratic proposals for changing energy policy, including an end to billions of dollars in tax breaks for big oil companies.
Forcing the oil companies to invest some of their profits in clean and affordable alternative energy, and temporarily stopping the diversion of oil to the national Strategic Petroleum Reserve are among other proposals.