I would like to take the time and introduce this bill for debate in the senate.
National Energy Act
1. The responsibility for the approval of oil refinery construction shall be
taken away from the Environmental Protection Association and given to the
Department of Treasury.
2. The environmental regulations shall be eased to allow for easier approval of
refineries.
3. Gasoline formulation requirements shall be altered to abolish regional
differences in gasoline formulas, thus establishing a Uniform Gasoline Standard
equal to the more stringent quality regulations.
4. Sport Utility Vehicles shall not longer be classified as light trucks for
purposes of CAFÉ standards. They shall be classified as a sedan.
5. CAFÉ standards shall be altered to strengthen fuel efficiency by increasing
fuel efficiency by 2 miles per gallon across the board.
6. The Federal Gasoline Tax shall be reduced from 18 cents per gallon to 9 cents
per gallon.
7. The ethanol tax credit shall be doubled.
8. $1 billion per year shall be allotted for research on hydrogen fuel cells.
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I'd like to hear opinions on this -- thanks.
I would favor 3,5,7, and 8. Why Number 1? I would think the EPA would be better for refineries.
