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Gas
Prices
Protecting Consumers Today From Price Gouging
I support legislation to establish a federal ban on price gouging for
oil, gasoline, and other petroleum products during national emergencies,
provide civil and criminal penalties for price gouging, ban market manipulation,
and require greater transparency in oil and gasoline markets.
Making America Energy Independent
I support $250 million in federal funding for increasing research, development, demonstration and deployment of new energy generation and new energy efficiency technologies to most effectively support the objective of decreasing U.S. oil imports, which is a critical national security priority.
Increasing energy efficiency standards and investing in new technology. I support tax incentives for renewable energy, such as solar, wind, geothermal and biomass, and for energy efficient home appliances and to expand the deployment of the latest technologies and increase research and commercialization of emerging technologies.
I am committed to creating a new DARPA-like initiative to provide seed money for fundamental research needed to develop high-risk, high-reward technologies and build markets for the next generation of revolutionary energy technologies, such as those emerging from biotechnology, nanotechnology, solar, and fuel-cell research. This new agency would have resources and flexibility needed to do ground-breaking research and push promising technology into the marketplace.
I support proposals to deploy new engine technologies for hybrid and other fuel efficient vehicles -- by doubling research and development funding for new fuels and innovative refining processes for these fuels.
Easing Energy Prices For Consumers
I support proposals to provide relief to families paying skyrocketing energy costs by expanding the Low-Income Home Energy Assistance Program (LIHEAP) and provide relief to small businesses and farmers with a tax credit and grants. These would be paid for by repealing at least $8 billion in unnecessary subsidies in the new energy law for oil and gas companies, which oil companies say they do not even need, and through fines from price-gouging companies.
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