Big oil companies are ripping off the American people, causing immense harm to the poor and destitute, the sick and afflicted, the middle class, and small businesses. The price-gouging of big oil is spreading throughout the economy, taking away the discretionary income families have for eating out, traveling, shopping, and more.

You don’t have to have a Ph.D. in economics from Harvard to understand that the price-gouging of big oil is also hurting the economy, causing even further pain. According to Stephen Brown, the director of energy economics at the Federal Reserve Bank of Dallas, “Higher gas prices mean less purchasing power for people and it will slow economic growth and lead to less job creation.” Brown says, “If oil prices reach $100 per barrel or more it will stop the economy dead in its tracks.”

But today’s price of gas already is ripping off and hurting 90 percent of the American people and the economy. The historically high price of gas is greed-induced not market based. Big oil is putting the knife in the back of the American people and the economy.

Our goal is to mobilize the American people to move Congress and our political leaders to enact our solutions, thereby bringing down the price of gas.

Bryan McCanless