Islamica Community

House fails to move gas pump price gouging bill

You aren't logged in. Sign in below or register today!
  #1 (permalink)  
Old 06-24-2008, 11:08 PM
TrentReznor858's Avatar
TrentReznor858
Good Vibrations Offline
 

Join Date: Oct 2004
Rating: 10 Votes / 2.20 Average
Posts: 5,397
TrentReznor858 has a reputation beyond reputeTrentReznor858 has a reputation beyond reputeTrentReznor858 has a reputation beyond reputeTrentReznor858 has a reputation beyond reputeTrentReznor858 has a reputation beyond reputeTrentReznor858 has a reputation beyond reputeTrentReznor858 has a reputation beyond reputeTrentReznor858 has a reputation beyond reputeTrentReznor858 has a reputation beyond reputeTrentReznor858 has a reputation beyond reputeTrentReznor858 has a reputation beyond repute
Send a message via AIM to TrentReznor858
Default House fails to move gas pump price gouging bill

House fails to move gas pump price gouging bill - Yahoo! News

WASHINGTON - House Democrats failed Tuesday to resurrect a bill to punish price gouging at the gas pump, while maneuvering to block Republican attempts to expand offshore drilling, an idea gaining in popularity amid $4-a-gallon gas prices.

Action on legislation that would assure continuation of the ban on oil and natural gas drilling in most of the country's coastal waters was put off until later this summer after it became increasingly clear that Republican lawmakers may have the votes to lift the drilling moratorium.

As Democrats prepared a string of energy proposals before lawmakers depart for the July 4 holiday recess, Republicans charged that they were being blocked from getting a vote on whether to end the ban on offshore oil and gas drilling.

Last week GOP presidential candidate John McCain as well as President Bush called for ending the blanket prohibition on energy development over 80 percent of the country's offshore waters. Republicans contend that the offshore bans should be ended to allow for more domestic oil and gas production, an argument that has gained support with $130-a-barrel oil raising the cost of everything from food to air travel.

The House Appropriations Committee has postponed consideration of an Interior Department spending bill that included continuation of the offshore drilling ban. Republicans had prepared a proposal that would have ended the ban and allowed oil and gas development 50 miles from shore in all U.S. coastal waters.

"Somebody's afraid that we'll send a message" and lift the drilling ban, Rep. Jerry Lewis of California, the ranking Republican on the Appropriations panel, said Tuesday as the panel focused on other legislation.

The similar Interior spending bill, which also included the offshore drilling ban, was put off in the Senate as well.

Meanwhile, House Democratic leaders failed to get the two-thirds vote needed to push through a measure that would have made gasoline and diesel fuel price gouging a federal crime, with penalties of up to $2 million for individuals and possible jail time. The vote was 276-146.

The House has passed similar gouging legislation previously, as has the Senate, only to be abandoned. Supporters of the bill argued that gouging is widespread, while opponents said it is not and would be difficult to prove even if it occurred.

Democratic congressional leaders remain strongly opposed to lifting the drilling moratorium, arguing that oil companies already hold leases to 40 million acres of federal waters that they have not moved to develop.

"One way you deal with this problem of supply ... is to force oil companies and gas companies that own permits to drill them," said Illinois Rep. Rahm Emanuel, a senior member of the Democratic leadership.

House Majority Leader Steny Hoyer, D-Md., said that legislation to lift the ban has significant support and might pass the House, but he told reporters, "If we allow drilling everywhere tomorrow, there would be no additional supply available."

Energy experts and oil geologists acknowledge it would take five to 10 years for any oil or natural gas to be produced if the ban were ended today.

"We have the votes," maintained Rep. John Peterson, R-Pa., sponsor of the pro-drilling measure that would open waters 50 miles offshore to oil companies. But he said House Speaker Nancy Pelosi of California "will do everything she can do to stalemate it."

Emanuel, at a news conference, sidestepped questions on whether Democrats are concerned the GOP drilling measure was gaining support and that Democratic leaders were refusing to allow it to come up for a vote.

Instead, Emanuel emphasized that Democrats soon will push legislation that would require oil and gas companies to explore and develop the waters on which they already have obtained federal leases. If they don't, they will lose the leases.

Oil companies and their GOP supporters in Congress "are using this crisis as an excuse" for a grab for additional federal land and waters, said Emanuel.

Other Democratic proposals range from giving the federal government new tools to curtail speculation in oil trading markets by imposing new requirements on the amount of collateral traders must have in oil purchases and requiring a reduction in mass transit fares.

The article fails to give valid reasons as to why 146 people voted AGAINST that bill?
__________________
Most people are other people. Their thoughts are someone else's opinions, their lives a mimicry,their passions a quotation - Oscar Wilde.
Wisdom is the supreme part of happiness - Sophocles.
A dream is the answer to a question we do not know how to ask - Fox Mulder.
As it is the characteristic of great wits to say much in few words, so small wits seem to have the gift of speaking much and saying nothing - La Rochefoucauld.
Reply With Quote
Reply


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
How far would you move? Bruinrab Love & Relationships 120 06-04-2008 06:36 PM
move out or what? Miryam Home & Family 34 02-13-2008 01:06 PM
bill passed in the house Haramoobobi Government & Politics 1 12-10-2007 04:45 AM
Justice fails Afghan women GOTFIVEONIT Government & Politics 49 11-07-2007 07:02 PM
Bush wants House action on spy bill bluey Government & Politics 0 08-04-2007 08:59 AM



1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48