I was very pleased that the Federal Energy Regulatory Commission earlier this week put out a new order to a new rule about the way they regulate companies that had a price mitigation strategy in it. And for the West I think it will provide some immediate relief in California and also other western States without putting on price caps which have been called for by some in the House and, before this order came out, some in the Senate. I think that that order will also help move this Congress away from a discussion of short-term Band-Aid solutions in California, to the long-term issues and solutions and strategies that we need to address our energy future. Mr. Speaker, I would like to take some time this evening to talk about the current energy crunch and our solutions for the long term for a very broad and balanced approach to energy policy. Mr. Speaker, the electric bills that all of us have been receiving in the mail for electricity and also for natural gas have been hurting everyone. We need that electricity and that gas to heat our homes, to cook our food; and it is especially hurting folks on low incomes.
Joe Wilson: “I was very pleased that the Federal Energy Regulatory Commission earlier this week put out a new order to a new rule…”
Editor's note · Context
Discussing America's energy policy and the impact of recent regulatory changes on energy prices.
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