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FOXX TAKES NUMBER OF STEPS TO ADDRESS GAS PRICES
05/04/06FOR IMMEDIATE RELEASE
CONTACT: Amy Auth
202-225-2071
WASHINGTON – United States Rep. Virginia Foxx (N.C.-5) is continuing to work hard to address rising prices at the pump.
“Many of my constituents are concerned about high gasoline prices,” said Rep. Foxx. “They can rest assured that I am focused on their concerns and am doing everything in my power to address this issue.”
In order to offer immediate relief, Foxx has co-sponsored H.R. 3683, the Gas Tax Relief Act. If passed, this bill would temporarily suspend the 18.4 cent federal excise tax on gasoline for 30 days.
Foxx also voted for the Gasoline for America’s Security Act, which will ban price gouging and increase U.S. fuel supply by encouraging new refineries while at the same time promoting conservation efforts. This bill passed the House but still needs immediate attention in the U.S. Senate.
In addition, Foxx voted for the Energy Policy Act, which reduces the costs of energy, reduces our reliance on foreign oil sources, encourages the use of alternative power sources and improves our electricity transmission capability. It also provides relief to our hardworking farmers by providing tax incentives and money for research and development for ethanol and biodiesel energy sources.
Foxx has repeatedly supported legislation to open up the Arctic National Wildlife Refuge (ANWR) to oil and gas exploration. She has cosponsored legislation to end the federal moratorium on the outer Continental Shelf for exploration for natural gas, which would help alleviate high home heating costs.
“I will do everything I can to address rising energy prices,” said Rep. Foxx. “These problems took decades to develop and we cannot wave a magic wand and solve them overnight. However, we are moving in the right direction.”
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