Chuck Schumer Claims the Price of Gas ‘Never Goes Down’

EXCERPT:

SCHUMER: "We’re going to change the way companies can merge. We have these huge companies buying up other big companies. It hurts workers and it hurts prices. The old Adam Smith idea of competition? It’s gone. People hate it when their cable bills go up, their airline fees. They know that gas prices are sticky — you know, when the domestic price goes, uh, when the, uh, price for oil goes up on the markets, it goes right up but it never goes down. How the heck did we let Exxon and Mobil merge? And that was Democrats. So we’ll go after that and that will help the average person lower their costs."