(4 May 2006)
POOL
Washington, DC - May 3, 2006
1. Wide shot of House floor
2. SOUNDBITE (English): Bart Stupak, Democratic Congressman:
"Mr. Speaker, the American people are quite fed up with the price gouging that''s going on at the gasoline pump. They know gouging when they see it, and they''re being gouged."
3. Side shot of House floor
4. SOUNDBITE (English): Sherwood Boehlert, Republican Congressman:
"American consumers are demanding protection from price gouging. The president has echoed that call, and now Congress is heeding it."
ABC
Louisville, Kentucky - May 3, 2006
5. Various shots at petrol station, people filling up, close ups of price signs
POOL
Washington, DC - May 3, 2006
6. SOUNDBITE (English): George W. Bush, U.S. President:
"If the American people want there to be a lower price of gasoline, we need to have more gasoline on the marketplace. And so we talked about common sense ideas. And I really do appreciate the members from both political parties thinking strongly about how we can work together to serve the American consumer and make us less dependent on foreign sources of oil. The prices of gasoline should serve as a wakeup call to all of us."
ABC
Louisville, Kentucky - May 3, 2006
7. Various shots at petrol station
POOL
Washington, DC - May 3, 2006
8. SOUNDBITE (English): Rick Boucher, Democratic Congressman:
"The real reason we have a refinery shortage is that the companies that own refineries are profiting enormously from the present market structure, including the refinery bottleneck. In essence, they''re making more money by refining less gasoline."
9. Wide shot of news conference
10. SOUNDBITE (English): Joe Barton, Republican Congressman:
"There is not a panacea, short-term solution, to the price situation today because it''s a demand-driven price."
ABC
Louisville, Kentucky - May 3, 2006
11. Various shots at petrol station
STORYLINE:
US legislators are moving forward with plans to impose fines of up to 150-million (m) US dollars for energy companies caught price gouging, yet they acknowledge there is no quick and easy fix to higher pump prices.
The House of Representatives overwhelmingly passed a measure on Wednesday that would create a price-gouging law and permit large fines and jail time for violators.
The US Senate has yet to consider the legislation.
During debate on the House floor, both Republicans and Democrats argued that American consumers are demanding protection from rising prices.
Meanwhile, Bush summoned members of both parties to the White House to discuss legislation to address long-term energy concerns.
Bush said: "The price of gasoline should serve as a wake-up call to all of us."
The House did reject a Republican bill that supporters said would make it easier to build refineries in hopes of easing tight gasoline supplies.
Democratic Congressman Rick Boucher countered by saying the real reason for the refinery shortage is that companies that own refineries are profiting enormously from refinery bottlenecks.
"In essence, they''re making more money by refining less gasoline", he said.
Republican Joe Barton, a leading supporter of the refinery bill, promised to bring it back, possibly next week, but acknowledged there is no quick and easy fix to higher pump prices.
"There is not a panacea, short-term solution, to the price situation today because it''s a demand-driven price" he said.
Also seeming to lose steam was a Democratic proposal for a 60-day "holiday" from the 18-cent per gallon federal tax on gasoline.
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