08-03-2008, 07:02 AM
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Analyst
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Join Date: Apr 2008
Location: Republik of Kalifornia
Age: 50
Posts: 1,860
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Harry Reid, a Year Late and $2 Short
Quote:
Reid Statement on Average Price of Gas Moving Over $4 Per Gallon in Nevada
June 4, 2008
Washington, D.C. – Nevada Senator Harry Reid today issued the following statement regarding a AAA report showing the average price of gas moved above $4 per gallon in Nevada for the first time ever:
“Seeing that sign at the gas station at more than $4 per gallon is something we never imagined, and it is deeply disturbing to all of us. I know these soaring gas prices are draining our wallets, and I want to assure my fellow Nevadans we are taking action right now in Congress to provide both short-term and long-term relief to this awful situation.
Together, the Climate Security Act and the Consumer-First Energy Act are intended to reduce the burden of rising energy prices on consumers, and offer long-term solutions through investment in renewable energy and energy efficiency. We will demand accountability from Big Oil for these unprecedented prices and attack their root causes, and we can and will reduce our reliance on oil and fossil fuel.
http://reid.senate.gov/newsroom/Reid...-in-Nevada.cfm
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Quote:
S.94
Sponsor
Sen. Ted Stevens [R, AK]
1/4/2007--Introduced.
Gasoline Consumer Anti-price-gouging Protection Act - Makes it unlawful for any supplier to increase the price for gasoline or petroleum distillates in an area covered by:
(1) an emergency proclamation issued by the President that an abnormal market has or is expected to occur; or
(2) a Federal Trade Commission (FTC) emergency order that an abnormal market disruption affecting more than one state has or is expected to occur. Makes such prohibition inapplicable to justifiable increases. Authorizes the President or FTC to issue such proclamations or orders. Provides:
(1) prohibition enforcement through the FTC; and
(2) civil and criminal penalties for violations.
Bill Status:
* Jan 04, 2007: Read twice and referred to the Committee on Commerce, Science, and Transportation.
* Introduced on Jan 04, 2007.
http://www.opencongress.org/bill/110-s94/show
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Poor Harry must be getting senile. Back in January 2007 when gasoline prices hovered a little over $2.00 a gallon, a bill was introduced to put a curtail to price gouging. It was sent to Committee on Commerce, Science, and Transportation where it curdled like a glass of milk left on the table over the weekend. But, he's serious now.....
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