HCR 32 - AS INTRODUCED

2000 SESSION

00-2804

08/09

HOUSE CONCURRENT RESOLUTION 32

A RESOLUTION urging the President and the Secretary of Energy to release certain amounts of petroleum from the nation's petroleum reserve.

SPONSORS: Rep. G. Brown, Straf 17; Rep. Burling, Sull 1; Rep. Chandler, Carr 1

COMMITTEE: State-Federal Relations and Veterans Affairs

ANALYSIS

This house concurrent resolution urges the President of the United States and Secretary of Energy to release such amounts of petroleum from the nation's strategic petroleum reserve as would bring relief to New Hampshire's working families and businesses.

00-2804

08/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand

A RESOLUTION urging the President and the Secretary of Energy to release certain amounts of petroleum from the nation's petroleum reserve.

Whereas, the average price of home heating fuel has nearly tripled in the last year; and

Whereas, home heating fuel prices have increased by nearly 50 percent in recent weeks; and

Whereas, some kerosene dealers are charging more than 2 dollars per gallon; and

Whereas, prices for gasoline and diesel fuel have risen similarly; and

Whereas, many working families and senior citizens who do not qualify for federal fuel assistance are enduring severe hardship as a result of the recent increase in petroleum prices; and

Whereas, New Hampshire fuel distributors are experiencing alarming supply shortages; and

Whereas, fuel shortages during these times of extremely cold weather and heavy snowfalls threaten the health and well-being of New Hampshire citizens; and

Whereas, petroleum shortages and increased prices are endangering the economic well-being of not only consumers, but also fuel retailers and New Hampshire businesses in general; and

Whereas, the federal government stockpiled additional petroleum in the strategic petroleum reserve in anticipation of "Y2K"-related shortfalls; and

Whereas, releasing fuel from the strategic petroleum reserve would both alleviate supply problems and immediately exert downward pressure on petroleum fuel prices; now, therefore, be it

Resolved by the House of Representatives, the Senate concurring:

That the New Hampshire general court calls on the President of the United States and Secretary of Energy to release such amounts of petroleum from the nation's strategic petroleum reserve as would bring relief to New Hampshire's working families and businesses; and

That copies of this resolution be forwarded by the house clerk to the President of the United States and Secretary of Energy.