CIS/Index
Copyright © 2000, Congressional Information
Service, Inc.
2000 CIS S 40138
TITLE: Oversight
of Rising Oil Prices and the Efficiency and Effectiveness of
Executive Branch Response, Part II
CIS-NO: 2000-S401-38
SOURCE: Committee on Governmental Affairs. Senate
DOC-TYPE:
Hearing Retrieve
the full text of testimony
DOC-NO: S. Hrg. 106-650
DATE: June 29, 2000
LENGTH: iv+305 p. il.
CONG-SESS:
106-2
ITEM-NO: 1037-B; 1037-C
SUDOC:
Y4.G74/9:S.HRG.106-650
CIS DOCUMENT ON DEMAND: 1-800-227-2477 (Full
Text Reproductions)
SUMMARY:
Continuation of
hearings to examine reasons for and implications of recent increases in global
oil and gasoline prices, and to review current Administration
initiatives and policy responses to recent oil and gasoline
price increases.
Also examines impact of costs
associated with environmental regulations requiring production of reformulated
gasoline on gasoline price increases.
Supplementary material (p. 59-305) includes witnesses' written statements,
submitted statements, correspondence, a press release, articles, and tables.
CONTENT-NOTATION: Oil and gas price
increases, overview and policy responses
DESCRIPTORS:
PETROLEUM AND PETROLEUM INDUSTRY; ENERGY
PRICES; STATISTICAL DATA: ENERGY; ENERGY REGULATION;
ENVIRONMENTAL PROTECTION AGENCY; CHICAGO, ILL.; MILWAUKEE, WIS.; GASOLINE;
ENVIRONMENTAL REGULATION
00-S401-38 TESTIMONY NO: 1
June 29, 2000 p. 8-34, 60-109
WITNESSES (and witness notations):
TAFT, ROBERT A. (Governor, Ohio)
MONIZ, ERNEST J. (Under Secretary, Energy, Science, and
Environment, DOE)
COOK, JOHN S. (Director, Petroleum
Division, Energy Information Administration)
BODE, DENISE
A. (Vice Chairman, Oklahoma Corporation Commission)
PERCIASEPE, ROBERT W. (Assistant Administrator, Air and
Radiation, EPA)
STATEMENTS AND DISCUSSION:
Concerns regarding increases in oil
prices in Ohio; explanation of Administration energy policy,
including policy initiatives in response to recent oil price
increases; factors contributing to increases in oil prices;
ineffectiveness of Administration response to rising oil
prices.
Refutation of claims that
reformulated gasoline production costs account for high gasoline
prices in Chicago, Ill. and Milwaukee, Wis.; differing
perspectives on recent oil price increases.
CONTENT NOTATION:
Oil and gas price
increases, overview and policy responses
TESTIMONY DESCRIPTORS:
OHIO GOVERNOR'S OFFICE; DEPARTMENT OF ENERGY; ENERGY
INFORMATION ADMINISTRATION; OHIO
00-S401-38 TESTIMONY
NO: 2 June 29, 2000 p. 34-57, 110-282
WITNESSES (and witness notations):
APELBAUM, PHYLLIS
(Owner, Arrow Messenger Service; representing Messenger Courier Association)
BLUMENTHAL, RICHARD (Attorney General, Connecticut)
FRANK, J. LOUIS (President, Marathon Ashland Petroleum
LLC)
CAVANEY, RED (President and CEO, American Petroleum
Institute)
STATEMENTS AND DISCUSSION:
Adverse impact of gasoline price
increases on individuals and businesses; role of gasoline supply and demand
imbalances in Midwest as factor in gasoline price increases,
citing Marathon Ashland Petroleum LLC response measures (related materials, p.
129-138, 145-164, 171-207, 232-255); factors contributing to increases in oil
prices.
INSERTIONS:
a.
Kumins, Lawrence C. (CRS), "Midwest Gasoline Price Increases"
June 16, 2000 (p. 165-170).
b. Rosenberg, Morton (CRS),
"Environmental Protection Agency Options for Ameliorating the Effects of
Reformulated Gas Requirements in the Chicago-Milwaukee Area"
June 28, 2000 (p. 209-218).
c. Petroleum Industry Research
Foundation, "Gasoline 101: A Potentially Explosive Topic" June 2000, with graphs
and tables (p. 220-231).
d. Taylor, Jerry (Cato Inst),
"Effect of Federal Regulations on Gasoline Prices in the
Milwaukee/Chicago Area" testimony before House Government Reform Committee
Subcom on National Economic Growth, Natural Resources, and Regulatory Affairs,
July 7, 2000 (p. 257-265).
CONTENT NOTATION:
Oil and gas price increases, overview and
policy responses
TESTIMONY DESCRIPTORS:
CONNECTICUT ATTORNEY GENERAL'S OFFICE; CONGRESSIONAL
RESEARCH SERVICE; ENERGY REGULATION; ENVIRONMENTAL REGULATION
LOAD-DATE: July 6, 2001 
