U.S. Senator Mike Crapo (R-Idaho) is co-sponsoring the Gas Price Reduction Act of 2008 because it seeks to both reduce prices at the pump and provide long-term energy policy specific to vehicle fuels that will benefit consumers and the environment. Crapo joined with more than 40 other Senators, including Senate Republican Leader Mitch McConnell, in introducing the legislation this week.

US Senator Mike Crapo (R-Idaho) comments

Crapo says the legislation frees America to aggressively move to become much less dependent on foreign sources of energy both short-term and long-term.

Crapo continues

Crapo noted studies showing that oil shale reserves centered in Utah, Colorado and Wyoming could hold up to three times the oil reserves of Saudi Arabia and that deep-sea exploration could produce more oil than all the exports from the Persian Gulf over the past 15 years.