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CBO HR 4471, Gasoline Regulations Act of 2012


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From the Congressional Budget Office, HR 4471, Gasoline Regulations Act of 2012 states in part “As ordered reported by the House Committee on Energy and Commerce on April 25, 2012

H.R. 4471 would establish an interagency committee—the Transportation Fuels Regulatory Committee—to analyze and report to the Congress in 2013 on the impact a variety of rules and actions taken by the Environmental Protection Agency (EPA) would have on gasoline and diesel fuel prices. The Secretary of Energy would chair the committee, which would consist of representatives from various agencies, including EPA, the Department of Labor, and the Department of Transportation. The committee would analyze the potential economic impact of specific EPA rules and actions that are scheduled to become final in 2016 and 2020. The bill also would delay the implementation of several EPA rules until six months after the release of the committee’s report. Finally, the bill would require that revisions to any national standards regarding ozone and ambient air quality take into account feasibility and cost.

Full text maybe found at - http://www.cbo.gov/p...&utm_campaign=0

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Lets see now --oil price per barrel is down over 35% and price of gas has just gone up again....get the feeln' somebody is making historical profits off our backs....

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