Feeling pressure from the House Republican revolt on energy prices , Speaker Nancy Pelosi took time from her busy book tour — current Amazon sales rank No. 1,631, and priced to sell at $16.29, down from the original $23.95 — to release a “ Top Ten Questions for the House GOP on Energy .” The first thing one notices about these “10″ questions is that there are only nine of them. But leaving math aside, and ignoring two political questions addressed to John McCain and past Congresses, here are policy answers to the remaining 7 questions:
1. House Democrats have put forward 13 major proposals that would increase supply, reduce prices, protect consumers and transition America to a clean, renewable energy-independent future. … How can Republicans claim to want to help consumers and businesses when they oppose these policies?
Of the 13 proposals Pelosi cites, only three could possibly claim to increase energy supply. Two of them involve e...
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The Energy Department on Thursday will likely report little to no change in natural gas reserve levels for the week ended Nov. 14, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.... more
Company With Hybrid Battery Solution to Seek Billions From Energy Department - Green Inc. Blog - NYTimes.com The testing, carried out by an.6 Vote(s)... more
Weeks after Halloween’s tricks and treats were gone, natural gas futures traders felt tricked anew Thursday on news of an upward revision in natural gas storage figures by the Energy Information Administration (EIA). News of more gas in storage than first expected along with Thursday’s report of a 16 Bcf build for the week ended Nov. 14 gave the bears the upper hand in morning trade as December futures pushed lower, ultimately settling at $6.316, down 42.7 cents on the day.... more
Natural gas storage levels in the U.S. far exceeded expectations, according to a government report Thursday. The Energy Department’s Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states rose by 16 billion cubic feet to about 3.45 trillion cubic feet for the week ended Nov. 14. ... more
NEW YORK (MarektWatch) — U.S. natural gas inventories rose unexpectedly, up 16 billion cubic feet in the week ended Nov. 14, the Energy Information Administration reported Thursday. Analysts at IHS Global Insight had expected a fall of 2 billion cubic feet. After the data, natural gas futures for December delivery slumped 6.7% to $6.293 per [...]... more
Congressional leaders in Washington, D.C., today announced a deal to begin hearings on Dec. 2 to provide approximately $25 billion in loans to help U.S. automakers with a vote coming by mid-December. Here are excerpts of a story from the Detroit Free Press’s Web site:
Congress kicked the auto industry’s request for a $25-billion loan back to Detroit today, demanding more information by Dec. 2 about how the companies would use the money to survive before considering any bill.
The move ca... more
During a press conference on a bailout for the auto industry held by the Democratic leadership of the House and Senate, Speaker Nancy Pelosi (D-Calif.) said, “Until we see a plan where the auto industry is held accountable and a plan for viability on how they go into the future…we cannot show them the money.” (0:19)
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Fire Pelosi! From: olbroad.com Post Date: 2008-11-20 20:00:59
It’s unanimous: Harlem Rep. Charles Rangel remains chair of Ways and Means Committee
House Democrats voted unanimously today to keep Harlem Rep. Charles Rangel as chairman of the powerful Ways and Means Committee in the next Congress.
Rangel, 78, is currently under investigation by the House ethics committee for failing to pay about $10,000 in income taxes on a Dominican Republican vacation villa he owns and rents out.
Once the issue surfaced, Rangel said he was only guilty of a... more
WASHINGTON - House Republicans today rejected a short-term ban on their ability to request local project money known as earmarks.
Rep. Tom Petri, R-Fond du Lac, said he supports disclosure of earmark requests and reviews of such requests to make sure that lawmakers or their major campaign contributors are not beneficiaries of taxpayer-backed projects.
He has supported legislation that would restrict both Republicans and Democrats in requesting local project money until a special commission... more
Yesterday, House Republicans rejected a motion by Minority Leader John Boehner and new Minority Whip Eric Cantor to enact a short-term earmark moratorium only through February 16. Unwilling to give up their pork just for three short months, Republicans can hardly try to pin the Big Spenders label on Dems, like they did earlier this year .
Former Minority Whip Roy Blunt’s words last winter sound more than a little hollow now:
“It is regrettable - though, sadly, not surprin... more
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First Do No Harm From: blog.heritage.org Post Date: 2008-01-11 14:13:23
With the January 19th Democrtic Caucus fast approaching, the largest union in Nevada (the 60,000-member Culinary Workers union) attempted to flex their political muscle by endorsing Barack Obama. One wonders why though, since both Hillary Clinton and Obama have both voiced support for the unions number one policy priority: the so called Employee Free Choice Act.
A masterpiece in Orwellian phraseology, the act would replace the current secret ballot election process in favor of a ... more
A Grown Up Approach To Energy Policy
Britain’s Labor Party reversed its 1997 statement that it saw “no economic case for the building of any new nuclear power stations” Thursday . Energy Secretary John Hutton told the House of Commons that nuclear power “should have a role in this country’s future energy mix, alongside other low-carbon sources.” If only the left in the United States could also evolve to a similar responsible conclusion.
Nuclear power is a proven, safe, affo... more
Washingtonians who use Metro were greeted with the largest fare hikes in the subway system’s history as they headed to work Monday. The new fares were approved in December after months of debate, handing riders from the D.C. suburbs the biggest bill to make up for Metro’s budget deficit.
Metro’s base fare during rush hour jumped 30 cents to a minimum of $1.65 per trip . For customers traveling from the Maryland outskirts of Shady Grove to Union Station on Capitol Hill, it... more
Just days after releasing a plan to reduce government spending , Fred Thompson continued his assault on earmarks, promising today that if elected president he would sign an executive order canceling lawmakers’ pork-barrel projects. President Bush is considering the idea, which is strongly opposed by congressional appropriators but supported by fiscal conservatives.
Thompson fielded questions from bloggers during a conference call this afternoon. He was asked if he would issue an execut... more
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