Bill Text: GA HR493 | 2009-2010 | Regular Session | Introduced


Bill Title: United States Congress; investigate fluctuation in oil and gas prices; urge

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced - Dead) 2009-04-03 - House Withdrawn, Recommitted [HR493 Detail]

Download: Georgia-2009-HR493-Introduced.html
09 LC 34 2081
House Resolution 493
By: Representatives Wix of the 33rd, Gardner of the 57th, Teilhet of the 40th, Johnson of the 37th, Porter of the 143rd, and others

A RESOLUTION


Urging the Congress of the United States to investigate the reasons for the volatile fluctuation in oil and gasoline prices in the United States; and for other purposes.

WHEREAS, in the last three years the price of gasoline in the United States has fluctuated between $4.00 a gallon and $1.50 a gallon; and

WHEREAS, the economic theory of supply and demand does not adequately explain the volatile fluctuation in oil and gasoline prices; and

WHEREAS, in these turbulent economic times, many Americans are having to decide between putting gasoline in the car or food on the table; and

WHEREAS, the high price of oil has decreased the ability of many Americans to pay their bills, which causes a lot of stress in individual and family lives; and

WHEREAS, even as the American people are sacrificing their quality of life, companies that produce and refine oil are recording all time record profits; and

WHEREAS, the American people have the right to know why oil and gasoline prices are so volatile.

NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES that the members of this body urge the Congress of the United States to investigate the causes for the fluctuation in oil and gasoline prices in the United States.

BE IT FURTHER RESOLVED that the Clerk of the House of Representatives is authorized and directed to transmit an appropriate copy of this resolution to each member of the Georgia congressional delegation.
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