WASHINGTON - Thursday at 1:00pm, the House Oversight and Government Reform Subcommittee on Energy, Health Care and Entitlements will hold a hearing on the impact of rising energy prices on American families and small businesses, and the role government regulations play in increased costs.
Energy costs for the average American family have risen significantly in the last twelve years. Since 2000, the amount that families spend on energy has increased to 20 percent of real income, up from 12 percent in 2001. Seventy-nine percent of Americans say the increase, which includes rising gas prices, hurts their finances. Moreover, for lower income Americans making less than $24,000 a year, energy costs are one of the things hurting their finances the most, second only to food.
Hearing Details:
Thursday, February 14th
“The Effects of Rising Energy Costs on American Families and Employers"
Subcommittee on Energy Policy, Health Care and Entitlements, Rep. James Lankford, R-Okla., Chairman
1:00pm in 2154 Rayburn House Office Building and will be streamed live online at oversight.house.gov.
Witnesses:
Mr. Gene Trisko
Attorney at Law and Energy Economist
Ms. Paula Carmody
President, National Association of State Utility Consumer Advocates
Mr. George Hand
General Manager, Canadian Valley Electric Cooperative
Mr. Daniel R. Simmons
Director of Regulatory and State Affairs, Institute for Energy Research
Mr. Daniel Weiss
Senior Fellow, Center for American Progress
