FACTBOX-US presidential candidates on gas prices

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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.


DEMOCRATIC ILLINOIS SEN. BARACK OBAMA


- Double fuel economy standards to 50 miles per gallon by 2026.

- Devote $150 billion over 10 years to developing alternative energy.

- Does not support suspending the gas tax, saying oil companies would simply raise prices to make up the difference.

- Investigate market manipulation of oil prices.


REPUBLICAN ARIZONA SEN. JOHN MCCAIN


- Suspend the gas tax through the summer months.

- Suspend filling the Strategic Petroleum Reserve.

- Has NOT proposed targets for increased automobile efficiency, and voted against a 2003 measure that would have boosted standards to 40 miles per gallon by 2015.

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