Earl Hilliard on Energy & Oil

Former Democratic Representative (AL-7)

Voted NO on raising CAFE standards; incentives for alternative fuels.

Require a combined corporate average fuel efficiency [CAFE] standard for passenger automobiles and light trucks, including sport utility vehicles, of 26 mpg in 2005 and of 27.5 mpg in 2007. It also would offer incentives for alternative fuel vehicles. Bill HR 4 ; vote number 2001-311 on Aug 1, 2001

Voted NO on prohibiting oil drilling & development in ANWR.

Amendment to maintain the current prohibition on oil drilling in the Arctic National Wildlife Refuge by striking language opening the reserve up to development. Bill HR 4 ; vote number 2001-317 on Aug 1, 2001

Voted NO on starting implementation of Kyoto Protocol.

Vote on an amendment that would allow the implementation of the portions of the Kyoto climate change treaty that are already allowed under law. The Kyoto protocol of 1997, which aims to reduce emissions of certain greenhouse gases, particularly carbon dioxide, has not been ratified by the United States. The amendment would allow federal agencies, particularly the Environmental Protection Agency [EPA] to implement procedures already allowed under law that are also part of the Kyoto accord before the treaty is ratified by Congress. Reference: Amendment sponsored by Olver, D-MA; Bill HR 4690 ; vote number 2000-323 on Jun 26, 2000

Regulate wholesale electricity & gas prices.

Hilliard adopted the Progressive Caucus Position Paper:

The Problem

Escalating energy costs have almost no correlation with supply and demand. Adequate capacity to supply our current energy needs is and has always been plentiful within the energy markets. Newly formed deregulated energy companies are creating an artificial shortage and reaping tremendous profits while doing so.

The Progressive Caucus Solution: Wholesale Cost-based Pricing with Refunds

In the 1930s, wholesale electricity prices and wholesale natural gas prices were regulated, and the regulations provided for refunds if unjust or unreasonable rates were found. Since the late 1970s, these laws have been methodically dismantled leaving little federal price regulations to protect consumers. However, energy prices are easily manipulated as production and delivery systems are complex. Cost-based rates for wholesale electricity, natural gas, heating oil should be established to protect consumers from unjust and unfair prices. Cost based rates allow utilities to recover the cost of their investment and operations while also allowing a reasonable profit. This is not a price cap— FERC sets prices based on a specific, professional rationale. Establishing cost-based rates ensure adequate supply is available and removes the profit incentive from shorting the market. The rates should be set retroactively to the beginning of 2000. Refunds will be issued to families and businesses who have racked up incredible debt in 2000 and 2001, paying the unreasonable and unjust charges that the energy producers, generators and wholesalers inflicted.

The Progressive Caucus advocates:

Implement wholesale cost-based pricing of electricity & natural gas to ensure consumers are not gouged. Require refunds when necessary.
Grant FERC new powers to regulate heating oil prices at the wholesale level. Cost-based pricing of heating oil will ensure consumers are protected from heating oil price spikes.

Source: Progressive Caucus' Consumer Energy Rate Relief Act 01-CPC1 on Mar 16, 2001

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