This report discusses policy options for Congress regarding gas prices. The high price of gasoline was an important consideration during the debate on major energy legislation, which ended with the Energy Policy Act of 2005, H.R. 6 (P.L. 109-58). However, prices continued to surge, due to a large number of factors, such as the effects of Hurricane Katrina on Gulf Coast refineries, an increased world demand for crude oil, and inadequate U.S. refinery capacity.
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This report discusses policy options for Congress regarding gas prices. The high price of gasoline was an important consideration during the debate on major energy legislation, which ended with the Energy Policy Act of 2005, H.R. 6 (P.L. 109-58). However, prices continued to surge, due to a large number of factors, such as the effects of Hurricane Katrina on Gulf Coast refineries, an increased world demand for crude oil, and inadequate U.S. refinery capacity.
This report is part of the following collection of related materials.
Congressional Research Service Reports
The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.
Behrens, Carl E. & Glover, Carol.Gasoline Prices: New Legislation and Proposals,
report,
December 5, 2005;
Washington D.C..
(https://digital.library.unt.edu/ark:/67531/metadc824540/:
accessed April 19, 2024),
University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu;
crediting UNT Libraries Government Documents Department.