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New energy bill amendment would create consumer energy commission

Senate overwhelmingly votes to create energy watchdog agency

Washington, D.C., April 11, 2002 — The U.S. Senate on Thursday overwhelmingly approved a new amendment to the energy bill that would create a watchdog agency for the energy industry.

The agency, which would be called the U.S. Consumer Energy Commission, would investigate problems with energy prices and help shape policy for future problems, Dow Jones reported.

The 10-person bipartisan commission, consisting of consumer, industry and governmental representatives, would investigate things like seasonal spikes in gasoline prices and fluctuation in prices of natural gas.

The wide-ranging energy bill is still actively being debated in the Senate.