FOR IMMEDIATE RELEASE
Contact Chris Covucci at
845-309-2654 or
chris.covucci@kml2008.com
Lalor's Bold and Comprehensive
Plan for Gas Prices
American families are being
crushed by ever increasing gas
prices. Consumers are struggling
to balance their day-to-day
living expenses in the face of
these increases. While American
families stretch their budgets
to afford gas and other
necessities, Congress is idle.
Where are our leaders in
Congress? Where is the Hudson
Valley's Rep. John Hall?
As a nation, we had a unique
opportunity in September 2001 to
declare our goal of achieving
energy independence. But the
opportunity was squandered. Now,
I believe voters must demand
that Washington join in a
national commitment to achieving
energy independence as a
critical element of national
security and economic policy.
As gas prices in the Hudson
Valley reach $4 per gallon, it
is clear that something has to
change. My campaign has
developed a comprehensive 5
point plan to deal with
escalating fuel prices in both
the near-term and the long-term.
Lalor's Comprehensive 5
Point Plan To Deal With Gas
Prices
1. Drill More
2. Refine More
3. Abolish All Gas Taxes
4. Regulate Less
5. Encourage innovation in the
private sector
1. Drill More:
ANWR: We can begin to end
our dependence on foreign oil
and dramatically reduce the cost
of oil by drilling in the Arctic
National Wildlife Refuge (ANWR)
located in Alaska. Opening ANWR
to drilling would have a
dramatic impact on gas prices,
but less than 2000 acres of the
over 1.5 million acres of ANWR
would be affected by drilling.
The mere announcement that we
are going to begin drilling in
ANWR would drive oil prices
down. Once drilling operations
begin putting more supply into
the market, the prices will
decrease further.
Gulf Coast: The Outer
Continental Shelf (OCS) contains
enough oil to replace Middle
Eastern oil for sixty years
according to the U.S. Mineral
Management Services. Yet the
federal government allows 80% of
the OCS to go unexplored.
Studies show that the artificial
reefs created by offshore rigs
and platforms would benefit
marine life. Amazingly, China,
with the permission of Cuba, has
begun drilling off the coast of
Key West, Florida. Still, our
leaders in Washington, John Hall
among them, bemoan high gas
prices but refuse to drill off
our own coasts while an economic
competitor gobbles up oil
reserves. As with drilling in
ANWR, by simply announcing that
we are going to drill more of
the OCS we can reduce oil
prices.
2. Refine More
A lack of refining capacity
keeps oil prices unnecessarily
high. Still the U.S. has not
built a new refinery in more
than 30 years. In fact, the
number of refineries has been
cut dramatically over the past
three decades. Increased oil
supply not accompanied by
increased refining capacity is
almost useless. To increase
refining capacity, the federal
government must encourage,
through tax and regulatory
policy, the construction of new
refineries. Refineries could be
built on closed military sites
to avoid any negative impact on
local communities while also
creating jobs and boosting local
economies.
3. Abolish All Gas Taxes
Gas is the lifeblood of our
economy, yet all levels of
government levy a tax on it
directly. Indirectly, gas taxes
increase the cost of consumer
goods because producers pass the
inflated fuel costs on to
consumers. Because of the
overwhelming importance of
gasoline to our economy, the
federal gas tax should be
abolished and local and state
governments should be forbidden
from taxing gas. To make up for
the lost revenue, Congress
should end the practice of
earmarks, exercise greater
oversight of the budgets of
federal agencies and end biofeul
subsidies which have had the
unintended affect of forcing gas
prices to go higher. Moreover,
the economic growth encouraged
by the tax cut will ensure that
the lost revenue will be
replaced through other streams.
A temporary suspension of gas
taxes is only a short-term
solution. The resumption of the
tax at the end of the suspension
period will feel like a dramatic
tax increase to consumers. A
permanent ban on gas taxes will
give consumers confidence in
their economic futures, driving
economic growth.
4. Regulate Less
According to the Government
Accounting Office (GAO) we have
more than 40 different blends of
gasoline in the U.S. Different
states mandate that each gallon
of gas sold have a different
percentage of biofeul. Producing
such a wide variety of gasoline
products makes the production
and transportation of gasoline
less efficient and more
expensive. If we got rid of even
some of the regulations that
require differing blends we
could make production more
efficient and drive down the
price we pay at the pump.
5. Encourage innovation in
the private sector
I believe that with the right
combination of technology,
innovation, and government
incentives, we can achieve
energy independence. I support
the creation of large financial
prizes to be awarded by the
federal government and private
foundations to companies and
individuals who meet important
milestones in achieving
America's energy goals. Last
month, at the New York Auto Show
at the Javitz Center, the X
Prize Foundation offered $10
million to the teams that can
produce "the most
production-ready vehicles that
get 100 miles per gallon or
more. Entrepreneurs are more
likely to solve America's energy
and environmental problems than
bureaucrats in Washington.
Rising gas prices are a heavy
burden on the economy. But, we
have the opportunity to avert a
potential long-term disaster.
With determined leadership we
can make the changes in energy
policy that will drive America's
economy through the 21st
century. Four dollars per gallon
gas will be remembered as a
signpost on the road to energy
independence, rather than a
serious blow to the American
economy if Washington will adopt
a bold and comprehensive reform
plan.
Born and
raised in Wappingers Falls,
Kieran Michael Lalor was a high
school economics teacher who
became a United States Marine.
He served as an infantryman in
Iraq and performed search and
rescue operations in New Orleans
in the aftermath of Hurricane
Katrina.
Kieran has advocated innovative
solutions to improve healthcare
options, better our schools and
achieve energy independence.
He has published Op-Eds in a
host of newspapers including the
Washington Times and New York
Post and has appeared on the Fox
News Channel and 770 WABC radio.
In January, Kieran founded Iraq
Veterans For Congress a national
movement to get Iraq Veterans
elected to the House in order to
restore integrity and honor back
to Congress.
Kieran is a graduate of Pace Law
School and Providence College
and lives in Peekskill with his
lovely wife Mary Jo and their
young daughters Katherine and
Riley.
Learn more about Kieran's
campaign of Issues, Ideas &
solutions at www.KML2008.com.
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