Top Legislation - View All
Also tagged in: Administrative procedure, Agriculture, Air pollution, Alcohol as fuel, Alternative energy sources, Armed forces, Automobile industry, Automobiles, Business, Commercialization, Congress, Congressional reporting requirements, Consumer education, Consumers, Cost effectiveness, Defense policy, Department of Energy, Depreciation and amortization, Economic growth, Economic policy, Electric vehicles, Energy, Energy conservation, Energy demand, Energy efficiency, Energy security, Energy supplies, Environmental protection, Excise tax, Executive departments, Farms, Federal installations, Finance, Foreign policy, Fuel consumption, General Services Administration, Government information, Government publicity, Government vehicles, Governmental investigations, Heating, Imports, Income tax, International affairs, Internet, Labeling, Law, Motor vehicle pollution control, National security, Natural gas vehicles, Petroleum, Petroleum industry, Petroleum refineries, Recycling of waste products, Refuse as fuel, Research and development, Rural affairs, Science policy, Service stations, Solid wastes, Standards, Tax credits, Tax deductions, Taxation, Technological innovations, Technology, Telecommunication, Terrorism, Trade, Transportation, Transportation research, Trucks, Web sites
Latest Action: 01/04/2007 - Read twice and referred to the Committee on Finance. Bill TextA bill to amend the Internal Revenue Code of 1986 to modify the alcohol credit and the alternative fuel credit, to amend the Clean Air Act to promote the installation of fuel pumps for E-85 fuel, to amend title 49 of the United States Code to require the manufacture of dual fueled automobiles, and for other purposes. 1/4/2007--Introduced. National Fuels Initiative - Amends the Internal Revenue Code to modify the alcohol fuels tax credit and the alternative fuel tax credit by calculating such rates based on a formula related to the average price of a barrel of oil. Sets tax credit rates for alcohol fuels, qualified alcohol fuel mixtures, and alternative fuels sold or used before January 1, 2011. Extends such credits. Sets forth sunset provisions terminating the small ethanol producer tax credit. Amends the Clean Air Act to require the Secretary of Energy to promulgate regulations to ensure that each major oil company that sells gasoline in the United States through [...] show full description
Also tagged in: Auditing, Bank records, Business, Checks, Civil liberties, Conspiracy, Consumer credit, Consumers, Counterfeiting, Credit bureaus, Criminal investigation, Criminal justice, Electronic funds transfers, Extraterritoriality, Finance, Foreign banks and banking, Forgery, Government securities, Grand jury, Indictments, Intelligence activities, International finance, Law, Money laundering, Obstruction of justice, Prosecution, Right of privacy, Secret service, Securities, Smuggling, Subpoena, Technology, Telecommunication, Undercover operations
Latest Action: 02/01/2007 - Sponsor introductory remarks on measure. (CR S1523-1524) Bill TextA bill to improve the prohibitions on money laundering, and for other purposes. 2/1/2007--Introduced. Combating Money Laundering and Terrorist Financing Act of 2007 - Amends money laundering provisions of the federal criminal code to redefine "specified unlawful activity" as: (1) any act constituting an offense in violation of the laws of the United States or any State punishable by imprisonment for a term exceeding 1 year; and (2) any act occurring outside of the United States that would constitute such an offense if committed within U.S. jurisdiction. Revises the procedure for issuing subpoenas in money laundering cases. Assigns a standard value to monetary instruments payable to bearer in blank (with no amount indicated on the instrument). Increases the penalty for bulk cash smuggling in or out of the United States from five to 10 years. Redefines money laundering transactions involving amounts greater than $10,000 to include commingling [...] show full description
Also tagged in: Air pollution, Air pollution control, Alternative energy sources, Energy, Energy development, Energy prices, Energy security, Energy supplies, Energy transportation, Environmental protection, Exports, Foreign policy, Imports, International affairs, Natural gas, Natural gas prices, Pipelines, Strategic planning, Trade, Transportation
Latest Action: 07/11/2007 - Ms. Jackson-Lee moved to suspend the rules and agree to the resolution, as amended. Bill TextExpressing the sense of the House of Representatives in opposition to efforts by major natural gas exporting countries to establish a cartel or other mechanism to manipulate the supply of natural gas to the world market for the purpose of setting an arbitrary and nonmarket price or as an instrument of political pressure. 7/11/2007--Passed House amended. (There is 1 other summary) Expresses the sense of the House of Representatives that the United States should: (1) make clear to the governments of major natural gas exporting countries that it regards efforts to establish a cartel or other mechanism to manipulate the supply of natural gas to the world market for the purpose of setting an arbitrary and nonmarket price, or as an instrument of political pressure, to be prejudicial to the security of the United States and of the world as a whole; (2) develop a joint strategy with its allies and all countries that are importers of natural gas, as well as [...] show full description
Also tagged in: Air pollution, Automobile industry, Automobiles, Balance of payments, Balance of trade, Business, Congress, Congressional reporting requirements, Consumers, Cost effectiveness, Defense policy, Economic policy, Energy, Energy demand, Energy efficiency, Energy prices, Energy security, Energy supplies, Environmental protection, Finance, Foreign policy, Fuel consumption, Gasoline, Gross national product, Imports, International affairs, Judicial review, Law, Motor vehicle pollution control, Motor vehicle safety, National security, Oil pollution, OPEC countries, Pipelines, Standards, Terrorism, Trade, Transportation, Water pollution
Latest Action: 03/06/2007 - Sponsor introductory remarks on measure. (CR S2700-2701) Bill TextA bill to increase fuel economy standards for automobiles and for other purposes. 3/6/2007--Introduced. Fuel Economy Reform Act - Amends federal transportation law to: (1) revise the definitions of automobile to require including all automobiles up to 10,000 pounds (currently, not all automobiles up to 10,000 pounds are required to be included in the definition) and passenger automobiles to eliminate the exclusion for automobiles capable of off-highway operation; and (2) continue applying the current minimum corporate average fuel economy (CAFE) standards for non-passenger and passenger automobiles to automobiles manufactured through model year 2012, but, for passenger automobiles, adds an increase of four percent per year in such standard for model years 2010 through 2012. Requires an average fuel economy standard of 27.5 miles per gallon for all automobiles manufactured by all manufacturers for model year 2013, with an increase of four percent in the average fuel [...] show full description
Also tagged in: Administrative procedure, Air pollution, Armed forces, Automobile engines, Automobile industry, Automobiles, Business, Congress, Consumers, Cost effectiveness, Defense budgets, Defense economics, Defense policy, Department of Transportation, Economic policy, Electric vehicles, Employee training, Energy, Energy efficiency, Energy prices, Energy security, Energy supplies, Environmental protection, Executive departments, Finance, Foreign policy, Fuel consumption, Gasoline, Governmental investigations, Imports, Income tax, Industrial buildings, Intelligence activities, Job training, Judicial review, Law, Motor vehicle pollution control, National security, Petroleum, Research and development, Science policy, Standards, Tax credits, Taxation, Trade, Transportation, Transportation research, Trucks
Latest Action: 03/06/2007 - Sponsor introductory remarks on measure. (CR S2700-2701) Bill TextA bill to increase fuel economy standards for automobiles and for other purposes. 3/6/2007--Introduced. Fuel Economy Reform Act - Amends federal transportation law to: (1) revise the definitions of automobile to require including all automobiles up to 10,000 pounds (currently, not all automobiles up to 10,000 pounds are required to be included in the definition) and passenger automobile to eliminate the exclusion of automobiles capable of off-highway operation; and (2) continue applying the current minimum corporate average fuel economy (CAFE) standards for non-passenger and passenger automobiles to automobiles manufactured through model year 2012, but, for passenger automobiles, adds an increase of four percent per year in such standard for model years 2010 through 2012. Requires an average fuel economy standard of 27.5 miles per gallon for all automobiles manufactured by all manufacturers for model year 2013, with an increase of four percent in the average fuel economy [...] show full description
Also tagged in: Air pollution, Alcohol as fuel, Alternative energy sources, Armed forces, Automobile engines, Automobile industry, Automobiles, Balance of payments, Balance of trade, Biomass energy, Budgets, Business, Cellulose, Cost effectiveness, Defense budgets, Defense economics, Defense policy, Diesel motor, Diplomacy, Economic policy, Energy, Energy demand, Energy prices, Energy security, Energy supplies, Environmental protection, Executive departments, Executive Office of the President, Executive reorganization, Export controls, Exports, Finance, Foreign policy, Fuel consumption, Gas in submerged lands, Gross national product, Income tax, Interstate highway system, Marine resources, Motor vehicle pollution control, National security, Natural resources, Oil pollution, Oil well drilling, OPEC countries, Petroleum in submerged lands, Pipelines, Prospecting, Service stations, Standards, Tax credits, Taxation, Territorial waters, Trade, Traffic accidents and safety, Transportation, Trucks, Water pollution
Latest Action: 06/12/2007 - Sponsor introductory remarks on measure. (CR S7508-7511) Bill TextA bill to improve energy security of the United States through a 50 percent reduction in the oil intensity of the economy of the United States by 2030 and the prudent expansion of secure oil supplies, to be achieved by raising the fuel efficiency of the vehicular transportation fleet, increasing the availability of alternative fuel sources, fostering responsible oil exploration and production, and improving international arrangements to secure the global oil supply, and for other purposes. 3/14/2007--Introduced. Security and Fuel Efficiency Energy Act of 2007 or the SAFE Energy Act of 2007 - Amends corporate average fuel economy (CAFE) provisions to revise the definition of: (1) "automobile" to mean any vehicle that is propelled by fuel, or by alternative fuel, and is manufactured primarily for use on public streets, roads, and highways (currently, four-wheeled vehicles that are so propelled and manufactured for such use and that are up to 6,000 pounds and certain [...] show full description
Also tagged in: Antitrust law, Business, Criminal justice, Energy, Energy prices, Energy supplies, Foreign policy, Government liability (International law), International affairs, Law, Natural gas prices, OPEC countries, Petroleum industry, Privileges and immunities, Restrictive trade practices, Trade
Latest Action: 05/21/2008 - Committee on the Judiciary. Hearings held. Bill TextA bill to amend the Sherman Act to make oil-producing and exporting cartels illegal. 3/14/2007--Introduced. No Oil Producing and Exporting Cartels Act of 2007 or NOPEC - Amends the Sherman Act to declare it to be illegal and a violation of the Act for any foreign state or instrumentality thereof to act collectively or in combination with any other foreign state or any other person, whether by cartel or any other association or form of cooperation or joint action, to limit the production or distribution of oil, natural gas, or any other petroleum product (petroleum), to set or maintain the price of petroleum, or to otherwise take any action in restraint of trade for petroleum, when such action has a direct, substantial, and reasonably foreseeable effect on the market, supply, price, or distribution of petroleum in the United States. Denies a foreign state engaged in such conduct sovereign immunity from the jurisdiction or judgements of U.S. courts in any action brought [...] show full description
Also tagged in: Access to health care, Affordable housing, Aged, Agricultural subsidies, Agriculture, Air pollution, Armed forces, Associations, institutions, etc., Awards, medals, prizes, Boycott, Budget deficits, Budgets, Business, Business and social problems, Business cycles, Business ethics, Campaign funds, Capital investments, Child labor, Children, Children's rights, Civil liberties, Civil rights, Civil service retirement, Collective bargaining, Commemorations, Communications, Competition, Conferences, Congress, Congressional budget, Congressional committees, Congressional oversight, Congressional reporting requirements, Congressional voting, Consumer protection, Consumers, Conversion of industries, Cooperative societies, Corporate accountability, Corporate corruption, Corporate mergers, Corporation directors, Corruption in politics, Crime prevention, Criminal justice, Criminal justice information, Data banks, Day care, Defense budgets, Defense economics, Defense industries, Depressed areas, Development credit institutions, Disabled, Economic concentration, Economic development, Economic growth, Economic policy, Economic security, Education, Election administration, Elections, Electric power failures, Electronic government information, Employee health benefits, Employee rights, Employee vacations, Employment, Employment of the disabled, Energy, Energy conservation, Environmental health, Environmental protection, Executives, Families, Family farms, Family leave, Farm income, Farmers, Federal budgets, Federal reserve system, Federally-guaranteed loans, Finance, Food, Foreign aid, Foreign loans, Foreign policy, Free enterprise, Freedom of information, Full employment policies, Fund raising, Government contractors, Government employees, Government information, Government lending, Government paperwork, Government publicity, Grants-in-aid, Hazardous substances, Health insurance, Health policy, Hours of labor, Household workers, Housing, Housing subsidies, Human rights, Humanities, Income distribution, Income tax, Industrial pollution, Inflation, Information disclosure (Securities law), Infrastructure, Infrastructure (Economics), Interest rates, International affairs, International environmental cooperation, International finance, International labor activities, Investment guaranty insurance, Investment of public funds, Investments, Job training, Labor, Labor disputes, Labor productivity, Labor unions, Leave of absence, Legislation, Legislative resolutions, Life expectancy, Manufacturing industries, Medicaid, Medical care, Medical statistics, Medicare, Medicine, Mines and mineral resources, Minimum wages, Minorities, Monetary policy, Monopolies, Natural resources, Nonprofit organizations, Occupational health and safety, Occupational retraining, Old age, survivors and disability insurance, Parent and child, Part-time employment, Pension funds, Pensions, Pollution, Pollution control, Potable water, Poverty, Presidential messages, Presidents, Preventive medicine, Price fixing, Prices, Public contracts, Public corruption, Public debt, Public service employment, Public utilities, Punishment, Quality of life, Quality of work life, Racism, Research, Residential rehabilitation, Restrictive trade practices, Right of property, Roosevelt Administration, Salaries, Science policy, Self-employed, Sex discrimination, Small business, Social security, Social services, Soil conservation, Standard of living, State and local government, Strikes, Student employment, Sustainable development, Tax expenditures, Taxation, Technology, Torture, Trade, Transportation, Treaties, Unemployment, Unemployment insurance, United Nations, Violence, Volunteer workers, Voting, Voting machines, Voting rights, Wages, Water conservation, Water pollution, Water resources, Wealth, Welfare, White collar crime, Women, Women's rights, Working poor
Latest Action: 06/05/2007 - Referred to the Subcommittee on Workforce Protections. Bill TextTo establish a living wage, jobs for all policy for all peoples in the United States and its territories, and for other purposes. 2/14/2007--Introduced. A Living Wage, Jobs for All Act - Declares that Congress affirms the basic economic rights and responsibilities under the 1944 "Economic Bill of Rights," while updating and extending it to include: (1) certain rights to decent jobs, income security for individuals unable to work for pay, a decent living for farm families, freedom from monopolies, decent housing, adequate health services, Social Security in old age, sickness, accidental injury, and unemployment, and education and work training; and (2) certain other rights relating to collective bargaining, a safe working environment, information on trends in pollution sources and products and processes that affect the well-being of workers throughout the world, voting and campaigning, and personal security. Requires corporations registered with the Securities and Exchange [...] show full description
Also tagged in: Administrative procedure, Alaska, Alcohol as fuel, Alternative energy sources, Antitrust law, Automobiles, Business, Competition, Congress, Congressional investigations, Congressional reporting requirements, Corporate mergers, Corporation taxes, Economic concentration, Economic impact statements, Economic policy, Emergency management, Energy, Energy efficiency, Energy prices, Energy supplies, Excess profits tax, Executive departments, Export controls, Federal advisory bodies, Foreign policy, Free trade, Fuel consumption, Gasoline, Government procurement, Government vehicles, Governmental investigations, Income tax, International affairs, International agencies, Inventories, Law, Monopolies, Motor vehicles, Petroleum, Petroleum industry, Petroleum refineries, Petroleum reserves, Presidential powers, Presidents, Public contracts, Standards, Strategic materials, Tax credits, Taxation, Trade
Latest Action: 03/19/2007 - Referred to the Subcommittee on Energy and Mineral Resources. Bill TextTo provide for the stabilization of prices for gasoline, and for other purposes. 3/13/2007--Introduced. Gasoline Price Stabilization Act of 2007 - Sets forth circumstances under which the President may issue orders and regulations to stabilize prices for wholesale and retail gasoline at certain levels. Amends the Energy Policy and Conservation Act to include, among prerequisites to a drawdown and sale from the Strategic Petroleum Reserve, a presidential determination that a severe price increase resulting from an emergency situation is likely to cause a major adverse impact upon a state or regional economy. Expands the scope of "severe energy supply interruption" to encompass a reduction in supply that is substantially caused by conduct that either lessens competition, or tends to create a monopoly, by: (1) at least one foreign country or international entity; or (2) at least one producer, refiner, or marketer of petroleum products. Directs the [...] show full description
Also tagged in: Antitrust law, Business, Criminal justice, Energy, Energy prices, Energy supplies, Foreign policy, Government liability (International law), International affairs, Law, Natural gas prices, OPEC countries, Petroleum industry, Privileges and immunities, Restrictive trade practices, Trade
Latest Action: 05/23/2007 - Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 169. Bill TextTo amend the Sherman Act to make oil-producing and exporting cartels illegal. 5/22/2007--Passed House amended. (There are 2 other summaries) (This measure has not been amended since it was reported to the House on May 21, 2007. The summary of that version is repeated here.) No Oil Producing and Exporting Cartels Act of 2007 or NOPEC - Amends the Sherman Act to declare it to be illegal and a violation of the Act for any foreign state or instrumentality thereof to act collectively or in combination with any other foreign state or any other person, whether by cartel or any other association or form of cooperation or joint action, to limit the production or distribution of oil, natural gas, or any other petroleum product (petroleum), to set or maintain the price of petroleum, or to otherwise take any action in restraint of trade for petroleum, when such action has a direct, substantial, and reasonably foreseeable effect on the market, supply,[...] show full description
|
Latest Legislation - View All
Also tagged in: Arms sales, Business, Diesel motor, Economic assistance, Energy, Energy prices, Export controls, Foreign aid, Foreign policy, Gasoline, Income tax, International affairs, Middle East and North Africa, Military assistance, OPEC countries, Petroleum, Petroleum industry, Price fixing, Sanctions (International law), Tax credits, Taxation, Trade, Transportation, Weapons systems
Latest Action: 07/08/2008 - Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee Bill TextTo combat international oil price fixing and to amend the Internal Revenue Code of 1986 to allow individuals a credit against income tax of at least $1,000 to offset high 2008 gasoline and diesel fuel prices. 7/8/2008--Introduced. Oil Price Reduction Act of 2008 - Prohibits U.S. bilateral assistance and arms exports (not including humanitarian assistance) to any country that is a major net oil exporter, including any country that is a member of the Organization of Petroleum Exporting Countries (OPEC), if such country is engaged in oil price fixing to the detriment of the U.S. economy. Amends the Internal Revenue Code to allow taxpayers who drive a highway vehicle fueled by gasoline or diesel fuel a $1,000 tax credit in 2008.
Also tagged in: Antitrust law, Business, Commodity exchanges, Department of Justice, Energy, Energy prices, Executive departments, Executive reorganization, Finance, Futures trading, Gasoline, Petroleum industry, Price discrimination, Restrictive trade practices
Latest Action: 06/04/2008 - Sponsor introductory remarks on measure. (CR S5042-5043) Bill TextA bill to establish a Petroleum Industry Antitrust Task Force within the Department of Justice. 6/4/2008--Introduced. Directs the Attorney General to establish a Petroleum Industry Antitrust Task Force in the Department of Justice (DOJ) to examine all issues relating to the application of federal antitrust laws to the petroleum markets, including the existence and effects of: (1) price gouging in the sales of gasoline; (2) international oil cartels; (3) collusive behavior in restricting petroleum production; (4) anticompetitive price discrimination; and (5) anticompetitive manipulation in futures markets or other trading exchanges relating to petroleum.
Also tagged in: Actions and defenses, Air pollution, Alcohol as fuel, Alternative energy sources, Antitrust law, Armed forces, Biomass energy, Budgets, Business, Climate change, Congress, Congressional oversight, Congressional reporting requirements, Criminal justice, Defense economics, Derivative securities, Disaster relief, Emergency management, Energy, Energy prices, Energy security, Energy supplies, Environmental protection, Excess profits tax, Finance, Fines (Penalties), Foreign policy, Foreign tax credit, Futures trading, Gasoline, Government information, Government liability (International law), Government procurement, Government publicity, Government trust funds, Governmental investigations, Greenhouse gases, Income tax, International affairs, Iraq compilation, Law, Losses, Margins (Security trading), Natural gas, Oil and gas royalties, Parties to actions, Petroleum industry, Petroleum reserves, Price fixing, Profit, Public contracts, Restrictive trade practices, Strategic materials, Tax credits, Tax deductions, Taxation of foreign income, Telecommunication, Telephone, Trade
Latest Action: 06/11/2008 - Motion to proceed to measure considered in Senate. (consideration: CR S5472-5517) Bill TextA bill to provide energy price relief and hold oil companies and other entities accountable for their actions with regard to high energy prices, and for other purposes. 5/20/2008--Introduced. Consumer-First Energy Act of 2008 - Amends the Internal Revenue Code to: (1) deny major integrated oil companies (i.e., companies producing at least 500,000 barrels of crude oil daily) a tax deduction for income attributable to domestic production of oil, gas, or primary products thereof; (2) conform tax treatment of foreign oil and gas extraction income and foreign oil related income for purposes of the foreign tax credit; (3) impose a windfall profits tax on major integrated oil companies; and (4) establish an Energy Independence and Security Trust Fund funded by revenues raised by the tax provisions of this Act to reduce U.S. dependence on foreign and unsustainable energy sources and reduce the risks of global warming. Petroleum Consumer Price Gouging Protection Act - Declares [...] show full description
Also tagged in: Actions and defenses, Antitrust law, Business, Competition, Congress, Congressional investigations, Congressional reporting requirements, Consent decrees, Corporate mergers, Criminal justice, Department of Justice, District courts, Energy, Energy prices, Energy supplies, Executive departments, Executive reorganization, Foreign policy, Government liability (International law), International affairs, Jurisdiction, Law, Natural gas prices, OPEC countries, Petroleum industry, Privileges and immunities, Restrictive trade practices, Trade
Latest Action: 05/21/2008 - Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 744. Bill TextTo amend the Sherman Act to make oil-producing and exporting cartels illegal and for other purposes. 5/20/2008--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Gas Price Relief for Consumers Act of 2008 - Title I: Amendment to Sherman Act - No Oil Producing and Exporting Cartels Act of 2008 or NOPEC - (Sec. 102) Amends the Sherman Act to make it illegal for any foreign state or instrumentality thereof to act collectively or in combination with any other foreign state or any other person, when such action has a direct, substantial, and reasonably foreseeable effect on the market, supply, price, or distribution of petroleum in the United States, to: (1) limit the production or distribution of oil, natural gas, or any other petroleum product (petroleum); (2) set or maintain the price of petroleum;[...] show full description
Also tagged in: Air pollution, Alaska, Animals, Antitrust law, Armed forces, Business, Coastal zone, Continental shelf, Defense economics, Economic policy, Education, Elementary and secondary education, Energy, Energy development, Energy prices, Energy supplies, Environmental protection, Excise tax, Export controls, Federal-state relations, Gas in submerged lands, Gas industry, Gasoline, Impact aid, Income tax, Investment tax credit, Marine resources, Motor vehicle pollution control, Natural gas, Natural resources, Oil and gas leases, Oil and gas royalties, Oil shales, Ozone, Petroleum, Petroleum in submerged lands, Petroleum industry, Petroleum reserves, Prospecting, Public lands, Reformulated gasoline, Revenue sharing, State and local government, Strategic materials, Tax deductions, Tax exemption, Taxation, Trade, Transportation, Wildlife refuges
Latest Action: 05/13/2008 - Referred to the Subcommittee on Energy and Mineral Resources. Bill TextTo leverage market forces to bring greater efficiency and capacity to domestic refineries, to bring new sources of domestic energy to market, and for other purposes. 5/8/2008--Introduced. Affordable Fuel for Consumers Act of 2008 - Expresses the sense of Congress that the President should stop filling the Strategic Petroleum Reserve (SPR) until the price of petroleum no longer has a major adverse impact upon the national economy. Amends the Clean Air Act to authorize the Administrator of the Environmental Protection Agency (EPA) to give preference to approval of state implementation plan provisions if they require the use of either: (1) certain reformulated gasoline; or (2) gasoline having a specified Reid Vapor Pressure for the high ozone season. Amends the Sherman Act to prohibit actions of a foreign entity that impact upon the market, supply, price, or distribution in the United States of oil, natural gas, or any other petroleum product. Amends the [...] show full description
Also tagged in: Actions and defenses, Air pollution, Alcohol as fuel, Alternative energy sources, Antitrust law, Armed forces, Biomass energy, Budgets, Business, Climate change, Congress, Congressional oversight, Congressional reporting requirements, Criminal justice, Defense economics, Derivative securities, Disaster relief, Emergency management, Energy, Energy prices, Energy security, Energy supplies, Environmental protection, Excess profits tax, Finance, Fines (Penalties), Foreign policy, Foreign tax credit, Futures trading, Gasoline, Government information, Government liability (International law), Government procurement, Government publicity, Government trust funds, Governmental investigations, Greenhouse gases, Income tax, International affairs, Iraq compilation, Law, Losses, Margins (Security trading), Natural gas, Oil and gas royalties, Parties to actions, Petroleum industry, Petroleum refineries, Petroleum reserves, Price fixing, Profit, Public contracts, Restrictive trade practices, Strategic materials, Tax credits, Tax deductions, Taxation of foreign income, Telecommunication, Telephone, Trade
Latest Action: 05/12/2008 - Sponsor introductory remarks on measure. (CR S3988-3989) Bill TextA bill to provide energy price relief and hold oil companies and other entities accountable for their actions with regard to high energy prices, and for other purposes. 5/7/2008--Introduced. Consumer-First Energy Act of 2008 - Amends the Internal Revenue Code to: (1) deny major integrated oil companies (i.e., companies producing at least 500,000 barrels of crude oil daily) a tax deduction for income attributable to domestic production of oil, gas, or primary products thereof; (2) conform tax treatment of foreign oil and gas extraction income and foreign oil related income for purposes of the foreign tax credit; (3) impose a windfall profits tax on major integrated oil companies; and (4) establish an Energy Independence and Security Trust Fund funded by revenues raised by the tax provisions of this Act to reduce U.S. dependence on foreign and unsustainable energy sources and reduce the risks of global warming. Petroleum Consumer Price Gouging Protection Act - Declares [...] show full description
Also tagged in: Africa (Sub-Saharan), Business, Dispute settlement, East Asia, Ecuador, Energy, Energy prices, Energy supplies, Export controls, Foreign policy, Free trade, Indonesia, International affairs, International agencies, Kuwait, Latin America, Middle East and North Africa, Natural gas, Natural gas prices, Nigeria, Nontariff trade barriers, OPEC countries, Petroleum, Price fixing, Qatar, Restrictive trade practices, Saudi Arabia, Trade, Trade negotiations, United Arab Emirates, Venezuela
Latest Action: 05/06/2008 - Read twice and referred to the Committee on Finance. Bill TextA bill to require the United States Trade Representative to pursue a complaint of anticompetitive practices against certain oil exporting countries. 5/6/2008--Introduced. OPEC Accountability Act - Requires the President to initiate consultations with Indonesia, Kuwait, Nigeria, Qatar, the United Arab Emirates, Venezuela, Ecuador, and Saudi Arabia to seek their elimination of any action that: (1) limits the production or distribution of oil, natural gas, or any other petroleum product; (2) sets or maintains the price of any such product; or (3) otherwise is an action in restraint of trade with respect to such products when such action constitutes an act, policy, or practice that is unjustifiable and burdens and restricts U.S. commerce. Requires the U.S. Trade Representative to: (1) initiate World Trade Organization (WTO) dispute proceedings if the consultation is not successful with respect to any such country; and (2) take appropriate action regarding the country under [...] show full description
Also tagged in: Africa (Sub-Saharan), Business, Dispute settlement, East Asia, Ecuador, Energy, Energy prices, Energy supplies, Export controls, Foreign policy, Free trade, Indonesia, International affairs, International agencies, Kuwait, Latin America, Middle East and North Africa, Natural gas, Natural gas prices, Nigeria, Nontariff trade barriers, OPEC countries, Petroleum, Price fixing, Qatar, Restrictive trade practices, Saudi Arabia, Trade, Trade negotiations, United Arab Emirates, Venezuela
Latest Action: 05/01/2008 - Read twice and referred to the Committee on Finance. Bill TextA bill to require the United States Trade Representative to pursue a complaint of anticompetitive practices against certain oil exporting countries. 5/1/2008--Introduced. OPEC Accountability Act - Requires the President to initiate consultations with Indonesia, Kuwait, Nigeria, Qatar, the United Arab Emirates, Venezuela, Ecuador, and Saudi Arabia to seek their elimination of any action that: (1) limits the production or distribution of oil, natural gas, or any other petroleum product; (2) sets or maintains the price of any such product; or (3) otherwise is an action in restraint of trade with respect to such products when such action constitutes an act, policy, or practice that is unjustifiable and burdens and restricts U.S. commerce. Requires the U.S. Trade Representative to: (1) initiate World Trade Organization (WTO) dispute proceedings if the consultation is not successful with respect to any such country; and (2) take appropriate action regarding the country under [...] show full description
Also tagged in: Actions and defenses, Administrative procedure, Agricultural subsidies, Agricultural wastes, Agriculture, Air conditioning, Air pollution, Alcohol as fuel, Alternative energy sources, Antitrust law, Automobile engines, Automobile tires, Automobiles, Biological research, Biomass energy, Budgets, Building construction, Business, Capitol (Washington, D.C.), Carbon cycle, Carbon dioxide, Cellulose, China, Climate change, Cogeneration of electric power and heat, Compensation (Law), Congressional reporting requirements, Consumer education, Consumer protection, Consumers, Cost effectiveness, Data banks, Department of Commerce, Department of Energy, Department of Transportation, Diesel motor, East Asia, Education, Electric batteries, Electric power plants, Electric power production, Electric power transmission, Electric utilities, Electric vehicles, Elementary and secondary education, Emergency management, Energy, Energy conservation, Energy conservation in buildings, Energy crops, Energy efficiency, Energy facilities, Energy prices, Energy research, Energy security, Energy storage, Energy supplies, Energy transportation, Environmental protection, Environmental Protection Agency, Environmental research, Executive departments, Executive Office of the President, Executive reorganization, Federal advisory bodies, Federal aid to Indians, Federal aid to research, Federal office buildings, Federal officials, Federally-guaranteed loans, Fines (Penalties), Foreign policy, Fossil fuels, Fuel consumption, General Services Administration, Geothermal resources, Government employees, Government information, Government liability (International law), Government paperwork, Government publicity, |
