CHEVRON RESPONDS TO SENATE ENERGY BILL VOTE
CHEVRON RESPONDS TO SENATE ENERGY BILL VOTE SAN FRANCISCO, Nov. 1 /PRNewswire/ -- Chevron Corporation Chairman
and CEO Ken Derr said that the U.S. Senate's failure today to allow a full, public debate of a broad-based energy bill represents a serious blow to good U.S. public policy development.
"We're extremely disappointed by the vote of 44 senators who prevented a discussion of the merits of Senate Bill 1220 and the important issues it addresses," Derr said. The issue of this nation's energy strategy for the coming decades deserves a complete, open debate on the floor of the Senate. The American people deserve nothing less. "We feel that the Johnston-Wallop energy bill represents a balanced package," Derr continued. "It's important for the country to develop a sound approach to solving energy problems focusing not only on one area, such as conservation, but on all fronts: increasing domestic oil and gas development, increasing conservation and stepping up our development of alternative fuels. "Our nation is the largest consumer of energy, yet we're unwilling to develop our own resources. Instead, we apparently prefer to grow ever more reliant on the resources of other countries, some of which happen to be located in highly unstable parts of the world. That's wrong-headed public policy. "Voters across the country should ask their senators why they won't even allow discussion of many critically needed improvements in the nation's energy policies," Derr concluded. -0- 11/1/91 /CONTACT: Larry Shushan of Chevron,415-894-2978/ (CHV) CO: Chevron ST: IN: OIL SU: RM -- SF007 -- 0417 11/01/91 17:05 EST
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|Date:||Nov 1, 1991|
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