Rising Fuel Prices and the Appropriate Federal Response: Hearing Before the Committee on Government Reform, House of Representatives, One Hundred Sixth Congress, Second Session, June 28, 2000U.S. Government Printing Office, 2001 - 293 lappuses |
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Administration average BIGGERT blending Box 3723 Scranton BROWNER BURTON cents per gallon Chairman Chicago and Milwaukee Chicago/Milwaukee Clean Air Act cleaner gasoline Committee CONGRESS THE LIBRARY Congressman consumers conventional gasoline cost crisis crude oil demand diesel fuel Energy Information Administration energy policy ethanol Explorer pipeline factors Federal Trade Commission fuel prices gallon gas prices gasoline prices going hearing high prices home heating oil Hrobuchak Idaho Illinois impact inventories investigation issue June June 28 Kanjorski LATOURETTE look Midwest MPH Transportation MTBE natural gas Oberweis oil companies oil industry OPEC P.O. Box PADD Pennsylvania percent PITOFSKY President price gouging price increases price of gasoline price spikes problem production profits RBOB refineries refiners reformulated gasoline RFG program RYAN Secretary Richardson Strategic Petroleum Reserve supply talk Thank TIERNEY Transportation & Logistics Transportation and Logistics truckers trucks Unocal volatility waiver
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139. lappuse - Monday (June 26), the average retail price of conventional gasoline across the country was $1.65 per gallon. EPA has calculated, based on EIA and OPIS surveys, that the average retail price for RFG II everywhere except in Chicago and Milwaukee was $1.64 per gallon, while the average retail price in Chicago and Milwaukee was $2.08 per gallon. EPA strongly disagrees that the RFG program is responsible for increases in gasoline prices in the Midwest.
1. lappuse - Rule 11 and committee rule 14 in which the chairman and ranking minority member allocate time to...
257. lappuse - States — where 67 percent of our onshore oil reserves and 40 percent of our natural gas reserves are located — has declined by 60 percent. Our search for new domestic offshore oil and natural gas is limited to the Gulf of Mexico and Alaskan waters because of the congressional moratoria that have placed off-limits most of the rest of our coastal waters. Onshore, the President has used his executive powers to limit oil and gas activity on vast regions of government lands.
138. lappuse - RFG program began five years ago, it has resulted in annual reductions of smog-forming pollutants of at least 105 thousand tons, and toxic air pollutants by at least 24,000 tons. As required by the Clean Air Act, the first phase of the RFG program began in 1995 and the second phase began in January of this year. As an example of the benefits, in Chicago, EPA estimates that the Phase II RFG program will result in annual reductions of 8,000 tons of smog-forming pollutants and 2,000 tons of toxic vehicle...
135. lappuse - RFG) program at a fair and reasonable price. In the following testimony I will show that the cost of producing RFG does not account for the extremely high price differentials we have seen in the Chicago and Milwaukee areas. As EPA reviewed the various requests for waivers from the RFG program, factors such as the pipeline, tank turnover and patents were examined. We do not believe that these factors adequately explain the price differentials that we have seen in the Chicago and MPwaukee areas.
144. lappuse - Commission will hold a public workshop on market power and consumer protection considerations in the electric power industry. 1 This written statement represents the views of the Federal Trade Commission. My oral presentation and responses to questions are my own, and do not necessarily represent the views of the Commission or any other Commissioner.
286. lappuse - ... that it is usually shipped in relatively small quantities. Additionally, transportation bottlenecks could adversely affect the price and availability of this material in this consuming region. Troubled Pipelines Two pipelines that play important roles in supplying gasoline to the upper Mid West are currently suffering operational difficulties Petroleum is most efficiently transported in large quantities by pipeline. When the pipeline system has capacity problems, it can be supplemented by truck,...
136. lappuse - The first phase of the federal reformulated gasoline program introduced cleaner gasoline in January 1995 primarily to help reduce vehicle emissions that cause ozone (smog) and toxic pollution in our cities. Unhealthy smog levels are a significant concern in this country, with over 100 million people living in 36 areas currently violating the 1-hour ozone standard.
21. lappuse - This means that the amount of readily marketable gasoline in the US production and distribution system is the equivalent of slightly less than two days of current consumption. When oil inventories get this close to minimum operating level, refiners...