WASHINGTON, May 20 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi
released the following statement today on H.R. 6074, the Gas Price Relief
for Consumers Act, which passed the House by a vote of 324 to 84, despite a
veto threat:
"The House today with a strong bipartisan and veto-proof margin voted
to hold foreign oil cartels and Big Oil accountable.
"The legislation provides the Justice Department with a critical tool
to pursue antitrust actions against OPEC-controlled entities for fixing
prices and creates a new Justice Department Petroleum Industry Antitrust
Task Force to examine anticompetitive market practices in the oil industry.
It also requires that the mergers of Big Oil companies in recent years be
examined for anticompetitive effects.
"Instead of using a veto threat to shield cartels and Big Oil companies
from accountability, the Bush Administration should work with the Congress
to protect American consumers."
SOURCE Office of the Speaker of the House
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Brendan Daly or Drew Hammill of the Office of
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