Mr. Chairman, I offer an amendment. Mr. Chairman, I yield myself such time as I may consume. I rise for two reasons: First, to support the right of America's small, independent gas and auto repair stations to a level playing field; and…
Mr. Chairman, I offer an amendment.
Mr. Chairman, I yield myself such time as I may consume.
I rise for two reasons: First, to support the right of America's small, independent gas and auto repair stations to a level playing field; and second, because we all know that a level playing field ensures free and fair markets, competition and lower gas prices.
In recent years, we have seen a sweeping consolidation of the oil industry at almost every level, the manufacturing level, wholesalers, refiners, and retailers. One corporation can control the prices at every single step, and that increases prices at the street corner.
My amendment is very straightforward. It directs the Comptroller General to study the effects of consolidation on prices, on market economics, and small business ownership.
Most people who live in a community for a long time are accustomed to talking about their local service station, where they know their mechanic and their owner, where they know the prices; but those days are in the past. Now their local facility is controlled by a giant corporation which has gobbled up their local facility. And lower prices on the street corner have also become a thing of the past.
In 2002, the Senate Committee on Government Reform Permanent Subcommittee on Investigations studied consolidation of fuel refineries. The subcommittee's findings are now over 3 years old, and are alarming in their prescience. As the report indicated, corporate interests are dominating pricing, controlling the market and pricing out privately owned retail outlets. Corporations are earning windfall profits while privately owned stations are struggling to keep afloat.
The subcommittee did not focus on wholesale and retail consolidation. This amendment would achieve that goal and give us the data we need to ensure that consumers are protected from price inflation and our small business owners can compete in a fair market.
Mr. Chairman, I yield 30 seconds to the gentleman from Ohio (Mr. Kucinich).
Mr. Chairman, I yield myself the balance of my time.
The studies that the gentleman cites did not take a look at the top- to-bottom consolidation of the oil industry. There have been a number of studies, but each study has been conducted almost in a vacuum without considering the entirety, the entire scope of this problem, a problem that is putting small, independent retailers out of business and driving up prices on every street corner in America.
We are not taking a position necessarily on the issue. We are simply saying it ought to be a responsibility of the Federal Government to investigate this situation, to talk about the marketplace.
The other side speaks passionately about free and fair markets and competition. The purpose of free, fair and competitive markets is to help drive prices down. By opposing this amendment, we are protecting an industry which is driving prices up.
I am deeply disappointed that the other side would take that position. I urge them to reconsider.
Mr. Chairman, I yield back the balance of my time.
Mr. Chairman, I demand a recorded vote.
Mr. Chairman, I rise today in support of Mr. Castle's amendment.
Under current law three new liquid natural gas facilities have been constructed in recent years and six others approved. Current law permits construction of liquid natural gas facilities but it doesn't do what this bill in its present form would do: virtually guarantee construction of liquid natural gas facilities in any location where there is a strong energy demand regardless of state and local concerns that arise. These concerns can include safety, environmental risks and/ or terrorist threats.
These are not concerns that should be divorced from the approval process. In fact, these concerns, and state and local governments' ability to represent them, ought to be elevated in importance. Our nation has a heritage of listening to the voice of its people. This legislation serves only to silence the voice of Americans.
The leadership of this House has turned a deaf ear to the concerns of Long Islanders and to the many Americans in predicaments like my constituents. By granting full authority over the zoning of liquid natural gas facilities to the federal government, this bill grossly violates the so-called Republican principle of local control.
Before moving forward with any legislation in regards to liquid natural gas facilities, this body must fully vet the issue through hearings and the commissioning of appropriate studies. Not a single hearing on the pros and cons of the consequences of shifting zoning authority away from the states and to the federal government was held. This is nearsighted and irresponsible.
The Castle amendment ensures that local oversight over these vital zoning issues remains. It provides time for the proper detailed review of potential legal changes. I urge my colleagues to support the Castle Amendment and to prevent this federal power grab.