I'm trying to figure out the new house bill. I find
House Passes Bill to Boost Refineries, which includes the nugget
Supporters of the measure said that Hurricanes Katrina and Rita made clear that the country needed more refineries, including new ones outside of the Gulf region. No new refinery has been built since 1976, although large refineries have been expanded to meet growing demand.
Critics of the legislation argued a cash-rich industry with huge profits over the past year shouldn't need government help to build refineries. They said the bill would allow the oil industry to avoid environmental regulations and would lead to dirtier air.
But then there's
this citation of a letter from Representative Sherwood L. Boehlert (R - NY):
After the Rules Committee reported the manager's amendment late last night, Mr. Boehlert wrote in a Dear Colleague letter (and I quote):
'Please join me in voting no on H.R. 3893, which will increase the deficit, harm the environment, undermine the states, and give charity to the oil companies while doing virtually nothing to help consumers.'
"It is clear that this Republican Majority is exploiting the disruption to our nation's refining capacity caused by Hurricanes Katrina and Rita to push many of the same provisions that were dropped from the Energy Policy Act that we passed in July.
"This Republican bill, for example, would create a fund that would pay oil companies if they are sued – even if they lose in court. It would enable cities with dirty air to delay meeting Clean Air requirements. And it would preempt state and local zoning regulations related to the siting of refineries.
"What do these provisions have to do with reducing gas prices today?
"In sharp contrast, the Democratic substitute would put some bite in the Federal Trade Commission's bark. It would give the FTC explicit authority to stop price gouging – not just for gasoline and diesel fuels, but for natural gas, home heating oil and propane.
"It provides for enhanced penalties for price gouging; explicitly outlaws market manipulation; and empowers state attorneys generals to enforce the federal law...
Whoops.
Gouging? He just lost me. So can I believe the rest of his criticism?
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