To: Jan W who wrote (234534 ) 1/13/2008 2:18:25 AM From: John Carragher Respond to of 794488 jan seems edwards approached the problem in his booklet and discussed heating oil at several locations. In Rochester and again at another town hall meeting in Meredith, Edwards opened by outlining his new plan to help people afford their high heating oil bills and ensure affordable prices in the future. Noting that home heating oil prices in New Hampshire have surpassed $3 a gallon, Edwards called on Congress to release some of the nation's home heating oil and crude oil reserves and to fully fund the federal Low-Income Home Energy Assistance Program. Earlier this month, President Bush vetoed a Democratic health and education spending bill that included $2.4 billion for heating subsidies for the poor, $480 million more than Bush requested. "It's no wonder people are worried and concerned and in some cases having to choose between paying their rent, paying for food or paying to keep their place warm," Edwards said. He also said he would double the budget of a program that helps people weatherize their homes to $500 million a year and would help states and nonprofit groups administer low- or no-interest emergency loans to people struggling to pay their heating bills. Upgrading home furnaces, ducts, windows and insulation can cut energy bills by about 30 percent, he said, but the program reaches only about 100,000 of the 28 million homes that could be eligible. He also proposes helping states and nonprofit groups administer low- or no-interest emergency loans to people struggling to pay their heating bills. His plan for longer-term relief from high home heating prices involves asking the Justice Department to investigate the massive mergers of oil companies in recent decades and modernizing antitrust laws to target oil and gas companies that take unilateral action to withhold supplies in order to raise prices. Under current law, companies can't be charged for those actions unless they are working with other companies, Edwards said. Edwards also proposes repealing tax breaks for the oil industry and reinvesting the savings in renewable energy projects.