Press Releases

HARTFORD – Congressman John Larson (CT-01) will hold a press conference Tuesday morning to highlight the impact that oil speculation has on oil and gas prices.

According to an April 2011 Goldman Sachs report, unregulated speculation adds over $20 to the price of a barrel of oil. Additionally, during a Senate hearing on oil tax subsidies, Exxon/Mobil CEO Rex Tillerson recently admitted that a barrel of oil should cost $60-$70 based solely on supply and demand.

WASHINGTON – Congressman John Larson (CT-01) released the following statement in support of President Barack Obama's veto threat over any defense bill that could provide additional taxpayer dollars for the GE/Rolls Royce F-35 "Extra Engine."

WASHINGTON – Congressman John Larson (CT-01) today applauded a new directive by President Obama that requires all federal agencies to switch to 100% advanced vehicles by 2015. Advanced vehicles include those that run on alternative fuels such as natural gas, as well as hybrid, electric and biofuel vehicles. The new Presidential directive is intended to help the nation reach the goal of reducing oil imports by 1/3 by 2025 and reinforces Larson's plan to expand the use of natural gas in the transportation sector.

Washington, D.C. – Congressman John B. Larson (CT-01) blasted House Republicans on the Financial Services Committee following their vote to delay consumer protections under the Wall Street Reform and Consumer Protection Act that are intended to prevent excessive speculation on gasoline. The vote broke down along partisan lines with every Republican on the panel voting in favor of delay.

NEWINGTON, Conn. – Congressman John Larson (CT-01) will hold a town hall meeting this Friday at the Newington Senior and Disabled Center to discuss how the Republican Budget will affect senior citizens throughout the state and country.

HARTFORD – Congressman John Larson (CT-01) applauded the Department of Commerce's Economic Development Administration (EDA) announcement this afternoon of a $1.15 million grant to fund reconstruction of Riverside Drive in East Hartford. The project is intended to help better link Goodwin College in East Hartford with the community.

WASHINGTON – Congressman John B. Larson (CT-01) blasted a plan by House Republicans to delay consumer protections under the Wall Street Reform and Consumer Protection Act that are intended to prevent excessive speculation on gasoline. According to an April 2011 analysis by Goldman Sachs, unregulated speculation adds over $20 per barrel to the price of oil.

WASHINGTON – At a House Ways and Means Committee Hearing today, Congressman John B. Larson (CT) asked the Chief Financial Officers of four major U.S. companies what the ramifications of Congress not acting on the need to raise the debt limit in a timely manner would be for their businesses.

The response was unanimous. All four CFO - Greg Hayes of United Technologies Corporation, Edward Rapp of Caterpillar, James Crines of Zimmer Holdings, and Mark Buthman of Kimberly-Clark – agreed. It "would be devastating to the world economy."