Affordable Fuel for Consumers Act of 2008

To leverage market forces to bring greater efficiency and capacity to domestic refineries, to bring new sources of domestic energy to market, and for other purposes.

5/8/2008--Introduced.
Affordable Fuel for Consumers Act of 2008 - Expresses the sense of Congress that the President should stop filling the Strategic Petroleum Reserve (SPR) until the price of petroleum no longer has a major adverse impact upon the national economy. Amends the Clean Air Act to authorize the Administrator of the Environmental Protection Agency (EPA) to give preference to approval of state implementation plan provisions if they require the use of either:
(1) certain reformulated gasoline; or
(2) gasoline having a specified Reid Vapor Pressure for the high ozone season. Amends the Sherman Act to prohibit actions of a foreign entity that impact upon the market, supply, price, or distribution in the United States of oil, natural gas, or any other petroleum product. Amends the Internal Revenue Code of 1986 to set forth:
(1) a 60-day suspension of taxes on highway motor fuels;
(2) a temporary expensing of property pertaining to oil and natural gas exploration and production; and
(3) an investment tax credit on property for oil shale extraction and processing. Directs the Secretary of the Interior to establish and implement procedures for a competitive oil and gas leasing program on the Arctic National Wildlife Refuge (Coastal Plain). Provides for federal and state distribution of revenues from the oil and natural gas leasing program.
Authorizes the Secretary to provide local government impact aid and community service assistance to certain affected Alaska entities.
Terminates prohibitions on expenditures for, and withdrawals from, offshore leasing for oil and gas.
Amends the Outer Continental Shelf Lands Act to:
(1) prohibit the Secretary from granting oil or natural gas leases within 25 miles of a state coastline;
(2) require state approval for leasing oil and natural gas located within 50 miles of such state; and
(3) share federal bonus bids and royalties on submerged lands located within the seaward boundaries of a state.
Prohibits exportation of crude oil from the Alaska North Slope.


... morehide bill summary

Sponsor

• Philip English
• and 2 Co-Sponsors
  • Rep. Rodney Alexander [R, LA-5]
  • Rep. Walter Jones [R, NC-3]
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Committees

• House Judiciary
• 6 more
  • House Energy and Commerce
  • House Ways and Means
  • House Energy and Commerce
  • House Natural Resources
  • House Natural Resources
  • House Foreign Affairs
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Amendments

This bill has no amendments.

Amendments to H.R.6009

Number	Status	Purpose

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
May 08, 2008

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All Bill Actions

• May 13, 2008: Referred to the Subcommittee on Energy and Mineral Resources.
• May 12, 2008: Referred to the Subcommittee on Energy and Air Quality.
• May 08, 2008: Referred to House Natural Resources
• May 08, 2008: Referred to House Energy and Commerce
• Introduced on May 08, 2008.
• May 08, 2008: Referred to House Ways and Means
• May 08, 2008: Referred to House Foreign Affairs
• May 08, 2008: Referred to House Judiciary
• May 08, 2008: Referred to the Committee on Natural Resources, and in addition to the Committees on Energy and Commerce, the Judiciary, Ways and Means, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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Blog Coverage

July 03, 2008 Arctic Power - Arctic National Wildlife Refuge - Oil Price Spurs ...

6) Affordable Fuel for Consumers Act of 2008 HR. 6009.IH, Phil English (PA-3), 5/8/08, cosponsors - 2. 7) Main Street USA Energy Security Act of 2008 HR6001.IH , Steve Buyer (IN-4) 5/8/08, cosponsors -20. 8) American Energy Independence ...

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June 16, 2008 Will Raising Taxes On Oil Companies Lower Fuel Prices?

http://www.heritage.org/Research/Ene...nment/1950.cfm The Consumer-First Energy Act of 2008 Will Only Increase Gas Prices and Energy Costs by Ben Lieberman WebMemo #1950 Good energy policy is easy to distinguish from bad energy policy: ...

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June 09, 2008 The Consumer-First Energy Act of 2008 Will Only Increase Gas ...

A few recently proposed bills, such as the American Energy Production Act of 2008 (S. 2973), introduced by Senator Pete Domenici (R-NM), and the Affordable Fuel for Consumers Act of 2008 (HR 6009), introduced by Representative Phil ...

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