I want to make a point here that I hope all Members will pay some attention to: this bill does not do everything that this Congress needs to do. We are going to take up an electricity bill in the fall, we are going to take up a nuclear policy bill in the fall, we will hopefully renew Price-Anderson. We are going to do a number of other things in the fall which may carry forward some of our conservation efforts in this bill. But this bill is a giant step forward to securing America's energy future. I want to focus on two parts of it that I hope Americans will really appreciate. The first is this awful problem that boutique fuels have caused in our gasoline markets. To all Americans who found themselves, particularly in Chicago and Milwaukee a few years ago, paying incredible prices for gasoline because there was such a shortage, look to the boutique fuel market for your enemy. The boutique fuel market, designed to help clean air, unfortunately ended up with over 50 different formulations of fuel. It is a dysfunctional market that has raised the price in the Midwest from 30 to 35 cents a gallon.
William Tauzin: “I want to make a point here that I hope all Members will pay some attention to: this bill does not do everything that…”
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Discussing the energy bill and its implications for gasoline prices and future legislation.
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