Joined by my colleague, Representative John Larson (CT-01), I have introduced legislation that would crack down on excessive speculation in the energy futures market. The “Consumer Price Protection Act” would limit participation in energy futures markets to those who either produce or take delivery of energy supplies. Corporations, such as the airline industry and utilities companies who seek to lock in the best price for energy supplies, would not be affected by this legislation.

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Congressman LoBiondo joined with U.S. Coast Guard Commandant Admiral Thad Allen and Master Chief Petty Officer of the Coast Guard Skip Bowen at Air Station Atlantic City for an all-hands meeting with local members of the Service. They also visited the Coast Guard Training Center in Cape May later in the day.

LoBiondo Again Votes Against Housing Bailout
WASHINGTON, D.C. – Convinced that responsible home owners will be unfairly penalized for the actions of irresponsible borrowers, U.S. Representative Frank A. LoBiondo (NJ-02) today voted against H.R. 3221, the “American Housing Rescue and Foreclosure Prevention Act of 2008,” which would place taxpayers on the hook for up to ...

LoBiondo Applauds Passage of Two Bills to Exempt Boat Owners from Costly, Unnecessary Permitting Requirements
WASHINGTON, D.C. – U.S. Congressman Frank A. LoBiondo (NJ-02) spoke on the House floor today in support of S. 2766, which codifies an exemption for over 15 million recreational boat owners from being fined $32,000 daily for incidental discharges such as bilge water, rain water runoff and deck wash. ...

House Committee Approves $13 Million in Funding for New Coast Guard Boat Station in Cape May
WASHINGTON, D.C. – U.S. Representative Frank A. LoBiondo (NJ-02), member of the House Coast Guard & Maritime Transportation Subcommittee, announced today the House of Representatives Committee on Appropriations approved the Fiscal Year 2009 Homeland Security Appropriations bill which included $13 million to construct a new U.S. Coast Guard (USCG) ...