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Senator Santorum Continues Work to Lower Energy Prices for Pennsylvanians

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Location: Washington, DC


Senator Santorum Continues Work to Lower Energy Prices for Pennsylvanians

SENATOR SANTORUM CONTINUES WORK TO LOWER ENERGY PRICES FOR PENNSYLVANIANS

U.S. Senator Rick Santorum (R-PA), Chairman of the Senate Republican Conference, today was pleased to announce the Senate Committee on Energy and Natural Resources and the Senate Commerce, Science and Transportation Committee have decided to hold a joint hearing to address rising energy prices and corporate profits. Executives from major oil companies as well as state attorneys general will testify at the hearing scheduled for November 9th.

Senator Santorum sent a letter to Senator Pete Domenici (R-NM), Chairman of the Senate Committee of Energy and Natural Resources in September, requesting that he consider inviting a panel of oil company executives to testify before his committee regarding gasoline prices.

"Rising energy prices not only hinder our overall economy, but place an undue burden on the average American family. Congress should do everything in its power to address this growing national problem," said Senator Santorum. "I believe this hearing presents a meaningful opportunity to get answers to the questions the American people are asking about burdensome energy prices -- particularly gas prices and home-heating costs."

Continuing his work to reduce gas prices, last month Senator Santorum introduced the Gasoline Affordability and Security (GAS) Act of 2005. The GAS Act will establish the first federal, nationwide law against price gouging, providing Americans with the protection they need and deserve. Additionally, this law creates a Federal Trade Commission task force charged with assisting state attorneys general investigating price gouging and developing state price gouging laws. The GAS Act also focuses on diversifying the nation's energy supply and encourages conservation by providing meaningful tax incentives for telecommuting.

http://santorum.senate.gov/public/index.cfm?FuseAction=PressOffice.View&ContentRecord_id=1505&Region_id=0&Issue_id=0&CFID=6802519&CFTOKEN=63480384

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