Business
10:31 am
Tue March 6, 2012

Senator Gillibrand on rising pump prices and China trade practices

U.S. Senator Kirsten Gillibrand believes Washington can move to slow rising gas prices with some short-term and some long-term solutions.

Gillibrand made her comments while making a stop in Western New York Monday.

Gillibrand  said the Strategic Petroleum Reserve can be tapped and she advocates on behalf of occasional furloughs from the gasoline tax.  In the long run, Gillibrand argues lawmakers can make a difference with better budget decisions.

"And making sure we are getting manipulation out of the market. Doing full investigation about manipulation," said Gillibrand.
 
Gillibrand is also calling for an investigation into the  possible manipulation of crude oil prices.

Gillibrand also believes the Washington trend away from public transit subsidies  will only increase gasoline demand and gasoline prices.

Gillibrand was in Buffalo Monday pushing against Chinese trade policies, which she says are hurting American manufacturing. 

"There had already been a certain number of rulings, more than 20 different rulings that said China was engaging in unfair trade practices and unfair subsidies," said Gillibrand. 

Gillibrand gathered with company and union officials at  Curtis Screw, a Buffalo auto industry supplier currently adding workers.

"We all want to see Made in America.  We want to see Made in America right here in Buffalo. We want to see Made in American all across our nation.  playing field is level," said Gillibrand.  

Paul Schuh, with the United Auto Workers Community Action Program, said the U.S. needs the kind of jobs Curtis provides.

"Just imagine for a minute had we not lost 55,000 plants in the last ten year period,  how many workers would still be here in this country, how much more quickly we could respond and recover from the recession we have seen," said Schuh.  "We've got to bring those jobs back."

Curtis executives said on a level playing field, American companies can bring those jobs back, and are doing it now despite China gaming the system.

Senator Gillibrand said new legislation could help the situation if it passes through Congress.

 

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