FACTBOX-US presidential candidates on gas prices
April 28 (Reuters) - The White House said on Monday there are no quick fixes for U.S. gasoline prices that now average a record $3.60 per gallon, but those aiming to succeed President George W. Bush have proposed several solutions.
Following is a summary of their proposals:
DEMOCRATIC NEW YORK SEN. HILLARY CLINTON
- Suspend the 18.4-cent federal gasoline tax through the peak summer driving months. A windfall tax on energy companies would cover the revenue shortfall.
- Suspend filling the Strategic Petroleum Reserve for one year, freeing up more oil for the open market.
- Devote $150 billion to developing alternative energy.
- Raise royalties for oil companies that drill on public land.
- Increase fuel economy standards to 55 miles per gallon by 2030.
- Investigate market manipulation of oil prices. Continued...















