STAND. COM. REP. NO.  1512-12

 

Honolulu, Hawaii

                , 2012

 

RE:   H.R. No. 138

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

 

Sir:

 

     Your Committee on Consumer Protection & Commerce, to which was referred H.R. No. 138 entitled:

 

"HOUSE RESOLUTION REQUESTING THE SPEAKER OF THE HOUSE OF REPRESENTATIVES TO CONVENE A LEGISLATIVE TASK FORCE TO ASSESS THE IMPACT OF THE POTENTIAL SALE OF THE TESORO OIL REFINERY ON CONSUMERS AND THE STATE,"

 

begs leave to report as follows:

 

     The purpose of this measure is to address the concerns regarding the announced sale of the Tesoro oil refinery operations in Hawaii and the potential economic impact on consumers and the State by:

 

     (1) requesting the Speaker of the House of Representatives to convene a legislative task force of House members to assess the impact of the potential sale of the Tesoro oil refinery on consumers and the State; and

 

     (2) that the task force develop economic models that illustrate the potential economic effect that having a single oil refinery operating in the State would have as compared to having at least two oil refineries operating in the State; and

 

     (3) that the task force also develop an economic model that considers the economic impact to Hawaii consumers and the State if a natural or man-made event causes an oil refinery in the State to temporarily cease production; how petroleum products could be supplied under such a scenario; and the projected impact of such a scenario.

 

     Tesoro Hawaii Corporation provided comments on this measure.

 

     As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee concurs with the intent and purpose of H.R. No. 138 and recommends its adoption.

 

Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,

 

 

 

 

____________________________

ROBERT N. HERKES, Chair