Gasoline Prices: New Legislation and Proposals

Behrens, Carl E. ; Glover, Carol

Library of Congress. Congressional Research Service.

关键词: Energy;    Energy policy;    Energy prices;   

RP-ID  :  RL33521
RP-ID  :  RL33521_2006Jul07

美国|英语

来源: UNT Digital Library

【 摘 要 】

The continuing crisis of high gasoline prices has led to a broad spectrum of proposed new legislation. Despite passage of the major Energy Policy Act of 2005 (P.L. 109-58) in 2005, many Members are exploring a variety of measures to increase supply and reduce demand in the short term, and to reduce the impact of high prices on consumers. Some are also proposing to revisit longer term policies, some of which were passed up in the process of reaching agreement on P.L. 109-58. This report reviews the major legislative initiatives to deal with the gasoline price issue. To put these proposals in perspective, it first describes some of the factors that have led to the high prices of both crude oil and gasoline.