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Like gas prices now? Wait till the new energy bill passes
Posted by: McQ on Tuesday, June 19, 2007

The Heritage Foundation has put together an estimate of what gas will likely cost next year and in the year 2016 based on its analysis of the pending Energy Bill:
Based on a review of the energy legislation currently before the U.S. Senate, S. 1419, including the just completed section on tax changes, the price of regular unleaded gasoline could rise from an early June national average of $3.11 per gallon to $6.40 in 2016. That is an increase of 106 percent. Analysts in the Center for Data Analysis developed this estimate and comparable ones at the state level from assumed effects of four major provisions in the legislation: mandates for increasing the biofuels content of gasoline, price decreasing effects from greater fuel efficient vehicles, price controls aimed at stopping "high" gas prices, and new taxes imposed on energy companies and wholesale gasoline.
There's a national map at the link which allows you to put a cursor over your state and see the estimate for that state specifically. There's also a link to their complete analysis at that site.
 
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the price of regular unleaded gasoline could rise from an early June national average of $3.11 per gallon to $6.40 in 2016
And of course when it does, the Senate — never minding all the taxing and mucking about with the industry they’ve done — will lead the way in denouncing all the "gouging" and all the windfall profits they’ll be more than ready to take away.
 
Written By: Linda Morgan
URL: http://
Obviously because of Bush.
 
Written By: meagain
URL: http://
You might want to change the title of the post to have an "R" in energy.

Regarding the substance, it’s a shame that mistakes have to be repeated because people implement policies that "feel good" instead of ones that actually work. Guess who suffers because of it?
 
Written By: Mark
URL: http://regimeofterror.com
based on the information I have in front of me, I would say that there will be an energy bill coming out of Congress, this session.

That said, the bill did serve a purpose; it seems to me that the bill raised the consciousness somewhat about the fallacy is being offered us by the democrats as regards energy, the free market, etc.
 
Written By: Bithead
URL: http://bitsblog.florack.us
Those prices, no doubt, reflect likely man-made shortages.

Not only will the 1970’s gas lines return, but perhaps the REAL "Blood for Oil".
 
Written By: Sharpshooter
URL: http://
I also found the Heritage Foundation piece from the 13th on how this S. 1419 will negatively impact energy consumers overall a very good read, and in relation to gas prices it has an interesting out look on the CAFE Standards section of the legislation: here. The article stated:

Though many of the above-mentioned problems with appliance efficiency standards are also true of motor vehicle efficiency standards, safety is the biggest problem with vehicle regulations. In theory, we can all save big at the pump by switching to more efficient vehicles, and at the same time reduce greenhouse gas emissions and oil imports. But in order to meet any tough new Corporate Average Fuel Economy (CAFE) standards, cars and trucks need to be made lighter, which also makes them less safe in collisions. According to a 2002 National Academy of Sciences study, vehicle downsizing has cost 1,300 to 2,600 lives per year.[6] The tougher miles per gallon requirements in S. 1419 would likely add to the death toll from vehicle crashes.
Beyond the safety concerns, there is also the consumer choice issue. A variety of smaller but more fuel-efficient models are already on the market for those who want them, including hybrids. In other words, there is no market failure justifying federal intervention. Does the American car-buying public—from soccer moms to seniors—really want or need Washington stepping in and essentially forcing smaller vehicles on everyone? The new rule would also raise sticker prices perhaps by thousands of dollars, according to the auto industry.


This was written before the Prior-Bond amendment was proposed, which is a bipartisan compromise aimed at addressing these concerns and working to bridge the interests of the pro-CAFE legislators and the pro-consumer interests legislators along without strong anti-industry regulations. The vote on this bill is today, and its suppose to be close so its important to contact your representatives about it immediately if you’re worried about it’s non-consumer driven government regulation. A group who I work with, the AAM, has contact information here, plus its got additional details on the bill that are also worth checking out.
 
Written By: I Braved Nine
URL: http://
But in order to meet any tough new Corporate Average Fuel Economy (CAFE) standards, cars and trucks need to be made lighter, which also makes them less safe in collisions. According to a 2002 National Academy of Sciences study, vehicle downsizing has cost 1,300 to 2,600 lives per year.[6]
I wonder if the study controlled for the size of both cars in the fatal accidents? How many of the increased deaths are the result of large cars colliding with small cars? If everyone had smaller cars, would the rates decrease? Since F=MA, I’m assuming so.
 
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URL: http://
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