Senator Warns Climate Change Bill Could Spike Gas $1.50 to $5 a Gallon

“[L]et me tell you what’s heading down the tracks. In a few weeks, we expect that the cap-and-trade legislation that’s been voted out of Sen. Barbara Boxer’s (D-Calif.) Environment and Public Works Committee will be on the floor and according to the Environmental Protection Agency it will increase gas prices by $1.50. The National Association of Manufacturers says it will increase it as much as $5 per gallon,†Sen. Jeff Sessions (R-Ala.) says.