A resolution expressing the sense of the Senate with respect to gasoline price increases which have occurred after the Exxon Valdez oil spill of March 24, 1989.

Expresses the sense of the Senate that gasoline prices should be rolled back to levels existing prior to the Exxon Valdez oil spill of March 24, 1989.

 
SRES 102 IS
101st CONGRESS
1st Session
S. RES. 102
Expressing the sense of the Senate with respect to gasoline price increases
which have occurred after the Exxon Valdez oil spill of March 24, 1989.
IN THE SENATE OF THE UNITED STATES
April 12 (legislative day, JANUARY 3), 1989
Mr. BRYAN submitted the following resolution; which was referred to the
Committee on Energy and Natural Resources
RESOLUTION
Expressing the sense of the Senate with respect to gasoline price increases
which have occurred after the Exxon Valdez oil spill of March 24, 1989.
Whereas the Exxon Valdez ran aground off the coast of Alaska early in the
morning of Friday, March 24, 1989;
Whereas enormous costs attributable to such an avoidable accident have
already been incurred;
Whereas such costs include economic hardship for the people of Alaska,
the endangerment of precious wildlife, the blackening of scenic coastlines,
and threatened losses of valuable and productive fishing operations;
Whereas gasoline prices have increased an average of more than 10 cents per
gallon nationwide following the tragic accident of the Exxon Valdez;
Whereas such gasoline price increases represent one of the most rapid and
most significant price increases in the history of the gasoline market in
the United States;
Whereas such gasoline price increases are far greater than the minimal impact
on the gasoline market that may be attributable to the temporary cessation
of the shipping of oil from Alaska;
Whereas any impact on the gasoline market which may be attributable to the
Exxon Valdez accident should be only temporary and limited in nature; and
Whereas the shipping of oil from Alaska has now resumed: Now, therefore, be it
  Resolved, That it is the sense of the Senate that--
  (1) consumers in the United States should not be forced to bear the burden
  of the tragic accident involving the Exxon Valdez;
  (2) oil companies should not profit from a disaster caused by an oil company;
  (3) because the shipping of oil from Alaska has resumed, the major
  oil companies responsible for implementing such price increases should
  immediately cease the implementation of such price increases, and should
  not make any further price increases which are claimed to be attributable
  to the Exxon Valdez oil spill; and
  (4) current gasoline prices should be reduced to reflect price levels which
  existed immediately before the Exxon Valdez oil spill of March 24, 1989.