WASHINGTON – Sen. Mike Johanns (R-Neb.) has voted to oppose a measure that could have an adverse impact on gas prices and increase American dependence on foreign oil. Johanns voted against proceeding to debate on S. 940, a bill that would increase taxes on American energy companies. The bill required 60 votes to proceed and, failing 52-48, will not be brought to the Senate floor for debate.

“With our kids not even out of school for the summer and gas already more than four dollars a gallon, considering a bill that could raise gas prices for Nebraskans and increase our country’s dependence on foreign oil is out of the question,” Johanns said. “This bill’s proponents readily admit it will do nothing to help Americans at the pump, and the experts say there’s a good chance it could hurt. It’s time to focus on responsible energy policy aimed at lowering gas prices and encouraging American energy produced by American workers.”

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Background:

• S. 940 was written by Sen. Bob Menendez (D-N.J.)

• Quotes from the bill’s proponents:

o   “Nobody has made the claim that this bill is about reducing gas prices.” – Sen. Bob Menendez  (D-N.J.)

o   “It will not reduce gasoline prices by one penny.” – Sen. Mary Landrieu (D-La.)

o   “It is not a question of gas prices.” – Senate Majority Leader Harry Reid (D-Nev.)

o   “This was never intended to talk about lowering prices.” – Sen. Chuck Schumer (D-N.Y.)