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Breaking News


Cuellar announces bill to help decrease gas prices




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Contributed
May 19, 2011, 7:22pm
2,385 views | 15 comments

WASHINGTON, D.C. -- Today, Congressman Henry Cuellar (TX 28) announced introduction of a bill that will put downward pressure on gas prices, helping consumers deal with rising costs this summer.

As our country begins to recover from the worst recession since the Great Depression, American families have to deal with skyrocketing gas prices at the pump due to middle east turmoil,” Congressman Cuellar said. “This bill increases domestic supply and lowers gas prices for Americans who need immediate relief.”

The Gas Price Stabilization Act calls for the sale of 70 million barrels of light grade petroleum from the Strategic Petroleum Reserve (SPR) into the market -- which would increase domestic supply and lower gas prices. The bill also requires the Secretary of Energy to publish a plan for the sale of prescribed amounts of light grade petroleum from the SPR and acquire an equivalent volume of heavy grade petroleum. Since the creation of the SPR in the early 1970s, oil refinement has improved and adapted to new production methods. In addition to lowering prices, this legislation will update the SPR’s inventory to take advantage of our energy infrastructure.

“We must take immediate action to lower prices at the pump,” Congressman Cuellar said. “This is one way Congress can do their part and immediately ease American’s pain.”

The Gas Price Stabilization Act would increase the amount of domestic oil the U.S. holds in supply while immediately lowing the price of gasoline at the pump. The bill would require the sale of 70 million barrels of light grade petroleum in exchange for the less expensive heavy grade petroleum. The sale would be required to take place within thirty days after the enactment and would be completed within six months after enactment requiring at least 20 million barrels offered for sale within the first 60 days after the bill becomes law.

Congressman Henry Cuellar is a member of the U.S. House Homeland Security and Agriculture Committees. Job creation, accessibility to constituents, education, economic development, and national security are his priorities. Congressman Cuellar is also a Vice Chairman of the Steering and Policy Committee, Senior Whip, and member of the Blue Dog Coalition.
 

Your Opinions and Comments

 
Alvin Charmaine  
May 26, 2011 6:59pm
 
Why would you make a comment like "his Chicano friends"? You hate mexicans? You have some kind of problem with hispanics? This KKK skinhead BS has to stop. This editor has a responsibility to stop fostering ... More ›

 
Alvin Charmaine  
May 25, 2011 3:26pm
 
Self reliance and responsibility? An example being? No one Foxnews has pranced out in front of you, thats for sure. SC: to answer your question, America lost the mid terms, but we'll get it right in 2012.

 
Ken Semlinger  
Poth, TX  
May 25, 2011 11:26am
 
Alvin, what I endorse is self reliance and responsibility not government hand outs and red tape. I will endorse any candidate who embraces those principals. Also don't be down on Joe the plumber just because he embarrassed Obama ... More ›

 
Senior Citizen  
Wilson County  
May 25, 2011 7:45am
 
Alvin, Whose butts got kicked in November?

 
Alvin Charmaine  
May 25, 2011 5:54am
 
Or perhaps you could attract votes from the "democratic strongholds" by not endorsing stupidity. When you embrace joe the plumber, beauty queens, Donald Trump, and a variety of reality TV stars you cant really blame ... More ›

 
Ken Semlinger  
Poth, TX  
May 24, 2011 11:26am
 
New Guy you must have been one of the few in Wilson county who voted for Cuellar. As long as this district is gerrymandered to include democratic strongholds on the border the conservatives can vote till the cows come home and ... More ›

 
Resident  
Stockdale  
May 24, 2011 9:06am
 
Legislsate policy not prices. What an idiot!

 
New Guy  
Wilson County  
May 24, 2011 7:38am
 
Someone must have voted for him? This is the problem with the GOP, complain, complain, and complain....do nothing party.

 
brite eyes  
flotown  
May 23, 2011 4:43pm
 
Henry is an idiot.

 
The Marcelina Muse  
Dry Tank, TX  
May 23, 2011 10:37am
 
Henry does not care what we in Wilson county think. He will probably be in office until he retires. Check out the geographical boundries of his district. See where his support is? Certainly not in Wilson county. What a prize ... More ›

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