ALASKA SENATOR FRENCH OUTLINES OBAMA PLAN TO LOWER ALASKA GAS PRICESAlaska gas prices are the highest in the USANCHORAGE, AK – Today as the average price of a gallon of unleaded gas in Alaska reached $4.69, State Senator Hollis French discussed Senator Obama’s plan to help end America’s dependence on foreign oil and criticized the John McCain campaign’s latest misleading negative ad on gas prices.“Senator Obama has a plan to end our dependence on foreign oil and reduce skyrocketing energy prices,” Sen. French said. “Having worked in the oil business in Alaska for twelve years, I know firsthand the importance of oil and natural gas to Alaska. Senator Obama will invest in renewable fuels, increase car fuel economy standards, and strongly supports the Alaska natural gas pipeline that’ll provide affordable energy to Alaska and our country.”This week, the McCain campaign launched a negative ad running on national cable TV that tries to blame Obama for high gas prices. “This ad’s claim is patently false,” French said. “John McCain himself has said that high gas prices are 30 years in the making. Senator McCain has spent 26 years in Washington, and has consistently opposed efforts to end our country’s dependence on foreign oil.”Barack Obama’s energy plan will provide meaningful relief for Alaska families, make a historic investment in renewable energy development, and help secure our energy independence. Obama’s plan will:Make a real investment - $150 billion – in alternative energy technology; further development of plug-in hybrid cars; and commercialization of wind, solar and other renewable fuels.Eliminate the “Enron Loophole” that encourages speculation on energy markets that has driven up the cost of oil.Raise fuel efficiency standards and provide financial assistance to American automakers to help them make the transition – a change that will reduce oil consumption by a trillion gallons of gas over the next eighteen years.Senator Obama has supported the Alaska natural gas pipeline as a member of the Senate and will continue to support the project as President. More information on Sen. Obama’s plans to reduce our dependence on foreign oil is available here.# # #FOR IMMEDIATE RELEASEJuly 24, 2008
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