The Democratic Energy Amendment
As part of the debate on the energy speculation bill (S. 3268), Senate Democrats today offered a proposal to “find more and use less” energy – and do it in a way that puts an end to giveaways to profit-rich Big Oil. In particular, the amendment will: Increase Domestic Supplies in the Near Term. […]
Policies for Reducing Gasoline Demand
“Good Morning. Average gasoline prices have been above $4.00 since the beginning of June. As of July 21, gasoline prices averaged $4.06, I think their higher than that today. “These fuel prices are harming our economy and causing serious problems for many consumers. Some believe that the only way we can reduce the […]
Domenici Reacts to News that Democrats Will Cancel Appropriations Markups
WASHINGTON – U.S. Senator Pete Domenici, ranking member of the Senate Energy and Natural Resources Committee and a senior member of the Senate Appropriations Committee, had the following reaction to news that Democrats will cancel scheduled markups to consider the Second Supplemental Appropriations bill and the FY2009 Interior Appropriations Bill: […]
Bingaman on the Speculation Bill (S. 3268)
“Mr. President, the Senate is scheduled to vote this morning on the motion to proceed to legislation introduced last week by the Majority Leader (the Stop Excessive Energy Speculation Act of 2008, S. 3268), which is designed to shed additional light on trading activities in global oil markets. “Mr. President, I hope the Senate will […]
Domenici To Offer Offshore Exploration Amendment to Reid Speculation Bill
WASHINGTON – U.S. Senator Pete Domenici, ranking member of the Senate Energy and Natural Resources Committee, today released the following statement regarding his plans to offer an offshore production amendment to S.3268, the Reid speculation bill: “Although I’m perfectly willing to work with Democrats on speculation, it is clear to me—and […]
The Week Ahead (July 21-25)
On Monday, July 21, the Subcommittee on National Parks will receive testimony at a FIELD hearing regarding the All Taxa Biodiversity Inventory of all species within the Great Smoky Mountains National Park. Witnesses include Dale Ditmanson, park superintendent, Great Smoky Mountains National Park, National Park Service, Department of the Interior; Glen Bogart, principal, Pi Beta […]
THEY SAID IT: Market Speculation
Senate Energy and Natural Resources Committee, Republican Staff THEY SAID IT: MARKET SPECULATION Contact: Matt Letourneau, 202-224-6977 Senator Majority Leader Harry Reid has introduced legislation (S.3268) that he claims will reduce gas prices by focusing solely on market speculation. Reid and Senate Democrats assert that the recent rise in gasoline prices has occurred largely […]
Senate Dems Prod Administration on Production
WASHINGTON – U.S. Senator Jeff Bingaman today pressed Interior Secretary Dirk Kempthorne to take immediate action to encourage development on millions of acres that have been leased for oil and gas production. In his letter to Kempthorne, signed by 30 other Democratic Senators, Bingaman pointed out that more than 60 million Federal acres […]
Oil Prices Workshop
Building on the success of previous energy-themed workshops — on climate, on natural gas, on coal, on biofuels, etc. – the Senate Energy Committee will convene another such workshop, on transportation and heating fuel costs, this Thursday, July 17. Senators will look carefully at why today’s gasoline and diesel prices, and tomorrow’s home heating fuel […]
Financing Clean Energy Technologies
“This is a hearing on two proposals to support financing for deployment of new clean energy technologies. We’ve had a number of hearings in the Committee on the energy challenges we face in the coming decades, and we’ve developed a number of good ideas so far. I believe both of these bills and this hearing […]