Bingaman said that while his committee is looking at legislation that could potentially affect gas prices in the long term — including measures providing incentives for electric cars — there isn’t much Congress can do about the $4 per gallon price at the pump right now.
“It is not realistic to think we’re going to legislate a change in the price of oil short term,” he said.
Additionally, Bingaman, who has helped block oil drilling in the Arctic National Wildlife Refuge for years, said he hasn’t changed his position despite high gas prices.
Vice President Joe Biden waits to conduct a mock swearing-in ceremony with Sen. Brian Schatz, D-Hawaii, in the Capitol's Old Senate Chamber, December 2, 2014. Schatz was sworn in to serve the remainder of his term since he was appointed to the seat after Sen. Daniel Inouye, D-Hawaii, passed away.