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[DOCID: f:sr87is.txt]






107th CONGRESS
  1st Session
S. RES. 87

 Expressing the sense of the Senate that there should be established a 
     joint committee of the Senate and House of Representatives to 
investigate the rapidly increasing energy prices across the country and 
              to determine what is causing the increases.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 10, 2001

   Mr. Dorgan (for himself, Mr. Daschle, Mr. Reid, Mr. Durbin, Mrs. 
 Feinstein, Mrs. Boxer, Mrs. Murray, Mr. Schumer, Mr. Harkin, and Mrs. 
Clinton) submitted the following resolution; which was referred to the 
                 Committee on Rules and Administration

_______________________________________________________________________

                               RESOLUTION


 
 Expressing the sense of the Senate that there should be established a 
     joint committee of the Senate and House of Representatives to 
investigate the rapidly increasing energy prices across the country and 
              to determine what is causing the increases.

Whereas the price of energy has skyrocketed in recent months;
Whereas the California consumers have seen a 10-fold increase in electricity 
        prices in less than 2 years;
Whereas natural gas prices have doubled in some areas, as compared with a year 
        ago;
Whereas gasoline prices are close to $2.00 per gallon now and are expected to 
        increase to as much as $3.00 per gallon this summer;
Whereas energy companies have seen their profits doubled, tripled, and in some 
        cases even quintupled; and
Whereas high energy prices are having a detrimental effect on families across 
        the country and threaten economic growth: Now, therefore, be it
    Resolved,

SECTION 1. SENSE OF THE SENATE CONCERNING THE NEED TO ESTABLISH A JOINT 
              COMMITTEE OF THE SENATE AND HOUSE OF REPRESENTATIVES TO 
              INVESTIGATE THE RAPIDLY INCREASING ENERGY PRICES ACROSS 
              THE COUNTRY AND TO DETERMINE WHAT IS CAUSING THE 
              INCREASES.

    It is the sense of the Senate that there should be established a 
joint committee of the Senate and House of Representatives to--
            (1) study the dramatic increases in energy prices 
        (including increases in the prices of gasoline, natural gas, 
        electricity, and home heating oil);
            (2) investigate the cause of the increases;
            (3) make findings of fact; and
            (4) make such recommendations, including recommendations 
        for legislation and any administrative or other actions, as the 
        joint committee determines to be appropriate.
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