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Elizabeth Dole on Energy & Oil

Republican Sr Senator

 


Release 1/3 of the nationís strategic petroleum reserve

Hagan twice linked Dole to tax breaks for big oil companies that have given back nothing but $4-a-gallon gas. Dole didnít convincingly evade the charge but offered a good retort that Hagan had suggested nothing that would reduce gas prices. The Republican then proposed releasing one-third of the nationís strategic petroleum reserve. The current inventory is just over 700 million barrels.
Source: 2008 N.C. Senate Debate reported in Greensboro News-Record , Jun 25, 2008

Voted NO on tax incentives for energy production and conservation.

OnTheIssues.org Explanation:A "Cloture Motion" would end debate on the bill, and then allow a vote on passage. This motion failed (3/5ths of the Senators must vote YEA), based on objections of how the new incentives would be paid for.Congressional Summary:A bill to amend the Internal Revenue Code of 1986 to provide Tax incentives for energy production and conservation, to extend certain expiring provisions, and to provide individual income tax relief.
Source: Gas Price Reduction Act (S.3202) 08-S3202 on Jun 26, 2008

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Page last updated: Dec 24, 2015