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Rep. Ribble makes stops at gas station to talk fuel prices


APPLETON, Wis. (WTAQ) - 8th District Congressman Reid Ribble was pumping gas and talking with a handful of constituents about rising gas prices in Appleton on Monday.

Comments from a few people at the Kwik Trip off South Webster focused on alternative and clean energy sources, the effects of speculators on prices, and many talked about ending oil subsidies. 

Ribble says he agrees with President Obama’s recent comments about increasing supply, and says that will help drive down prices.  Ribble also believes that if the country has a more stable monetary policy; it will help with gas prices and oil speculators. 

Ribble says he is one of the few Republicans who think Congress should pare back oil subsidies. 

Gas prices are at record highs in Wisconsin, even as a barrel of oil is considerably cheaper than a few years ago.  A barrel was going for around $150 dollars with unleaded selling upwards of $4 in 2008.  Ribble says the weaker dollar is to blame for some of that and also says the changing world and geo-political influences in the Middle East continue to affect prices.

The handful of people he talked to all commented on the role of gas futures speculators.  Ribble says there might be an opportunity to work on those areas through increased regulation.