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Toledo Union Journal
Toledo, Lucas County, Ohio
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In Washington, 28 Democrats and 16 Republicans in the Senate approved the Kerr natural gas bill, ending federal price regulation on interstate gas sales. Opponent Sen. Paul Douglas called it 'gravy' for oil producers like sponsor Sen. Robert Kerr, projecting $180-500 million annual consumer cost increases.
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WASHINGTON (LPA)-
The 28 Democrats and 16 Republicans who voted in the Senate for the Kerr natural gas bill giving up Federal power to regulate the price of gas sold to interstate pipelines will have to explain their votes to the electorate. Sen. Paul Douglas (D. Ill.), who led the fight against the bill, estimates it will be "gravy" for the big oil producers (including the bill's sponsor, Sen. Robert Kerr, Oklahoma Democrat). Cost to consumers will be from $180 to $500 million a year in increased bills.
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The Senate voted 28 Democrats and 16 Republicans in favor of the Kerr natural gas bill, which gives up federal power to regulate gas prices sold to interstate pipelines. Sen. Paul Douglas opposed it, estimating it as 'gravy' for big oil producers including sponsor Sen. Robert Kerr, costing consumers $180 to $500 million yearly in higher bills.