Brown Applauds Senate Efforts To Hold Big Oil Accountable, Cosponsors Bill To Put Consumers First

CommonDreams.Org

WASHINGTON, DC - May 7 - In light of oil prices reaching a record $123 a barrel, Senate Democrats today introduced the Consumer-First Energy Act. The bill would create a tax on windfall profits of major oil companies, permit investigations into potential price gouging and collusion, temporarily halt the storage of oil in the Strategic Petroleum Reserve, and rein in out of control energy speculators. U.S. Senator Sherrod Brown (D-OH), a cosponsor of the legislation, responded to today’s introduction...

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Brown Applauds Senate Efforts To Hold Big Oil Accountable, Cosponsors Bill To Put Consumers First »