Etheridge touts speculation bill


U.S. Rep. Bob Etheridge, in town during the summer congressional recess, gave a talk in Raleigh today about energy prices.

He talked about his bill to boost the number of federal investigators of excessive oil speculation, saying, "Right now, we need more cops on the beat," according to his prepared remarks, Barb Barrett reports.

His bill failed in the House of Representatives in a vote that required the support of two-thirds of the House members, but he hopes to return it to another floor vote in September, when it will require only a simple majority to pass.

Etheridge also talked about his support of Democratic legislation that requires oil companies to search for oil on 68 million acres of land already leased for drilling from the federal government. That bill failed along party lines, with Republicans opposed.

Etheridge, a Lillington Democrat, spoke to county commissioners from the Second Congressional District, which includes Johnston county and a portion of Wake County.

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Re: Etheridge touts speculation bill

Why isn't Etheridge, Price, and Miller back in Washington getting us some relief on gas prices and gas taxes?

Since Etheridge does not understand the concept of not drilling where there is no oil I will explain. Sir, you cannot get oil where there is none. I hope that was easy to understand.

How about cutting a lot of the excise taxes involving gas, diesel, propane and other forms of energy? That would put more money into our pockets and enable the workers and retirees of our great nation the ability to survive without sacrificing food or medicine that we need. But I do not see Democrats like the three above to do becuase it is too easy and takes away from the power of of the federal purse strings.

Paul Terrell III
http:.//terrellforhouse33.blogspot.com