Energy & Environment
Over 100 years ago Western New York learned how to turn water into energy. Hydropower spurred incredible job growth in our region and revolutionized manufacturing. Brian believes that we can learn from our history and that by reducing our dependence on foreign oil and innovating with clean energy technologies made right here in America we can power our homes, businesses, and nation’s infrastructure systems in a way that sustains us for the next 100 years. Brian has consistently fought on behalf of Western New York families to keep the economic benefits of the Niagara Power Project in Western New York. He has also fought against harmful speculative trading practices that drive up the price of gasoline and increase big oil profits. In both Western New York and Washington, DC, Brian has helped to preserve HEAP funding for struggling seniors and families, who should never have to make the choice between heating their homes and putting food on the table.
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Today Congressman Brian Higgins (NY-27), a member of the House of Representatives Committee on Ways and Means, announced additional details on the provisions included in the American Recovery and Reinvestment Act which will provide tax credits and savings for local homeowners.
In a letter to the Federal Trade Commission (FTC), Congressman Higgins details the disturbing profit margin figures for Western New York gas retailers made available through the Oil Price Information Service (OPIS). While industry sources indicate that it takes about 11 to 13 cents per gallon of gas to profitably operate a gas station, the current average national profit margin is 23.6 cents per gallon, attributable to what some in the industry call the “sticky down.” Disturbingly, when examining local profit margins Congressman Higgins’ office found local profits to be more than double