Nation’s new sheriff means priority shift
March 1, 2007 By Lisa Bontempo
As the old saying goes, there’s a new sheriff in town. It’s no surprise that the Democratic leaders are promoting policies that were not Republican priorities.
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As the old saying goes, there’s a new sheriff in town. It’s no surprise that the Democratic leaders are promoting policies that were not Republican priorities.
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As this article goes to print, Congress is winding down and Senators and Representatives are making plans to leave Washington to return to their congressional districts for the important November mid-term elections.
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It’s the dog days of August in Washington, and Congress has closed up shop and gone home for their annual August recess. Congress plans to return on Sept. 5 and has a lot of unfinished business that may be of interest to the propane industry and those working in it.
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Political pandering in Washington is rising almost as fast as the price of a gallon of gasoline. Congress is scrambling to respond to consumers’ — and angry constituents’ — concerns about price, which at the same time is fueling the flames of public fears.
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Numbers mean a lot when you look to the Energy InformationAdministration for price information on domestic crude oil andimports. The propane industry often looks to EIA’s Heating Oil andPropane Update during the winter months, as well as the This WeekIn Petroleum report for important data related to price and supply.
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As the second session of the 109th Congress gets underway, the propane industry is working to take advantage of new tax advantages as outlined in the Energy Policy Act of 2005 and other recent tax laws.
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Industry members involved in the successful fight against risk management plans (RMP) six years ago take note: Senator Susan Collins (R-ME) is expected to introduce the Chemical Facility Anti-Terrorism Act.
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For months, the Energy Information Administration has warned of this winter’s rise in home heating costs for consumers. For weeks, Congressional hearings focused on issues related to energy price, supply and infrastructure.
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Sen. Pete Domenici (R-NM), chairman of the Senate Energy and Natural Resources Committee, seems agreeable to it.
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Unexpectedly, Congress returned to Washington a few days before their regular session was scheduled to pass a $10.5 billion supplemental emergency-spending bill in reaction to the devastation and impacts of Hurricane Katrina.
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