SENATOR SAYS ENERGY REPORT ASSUMPTIONS FLAWED Sen. Pete Domenici, a main sponsor of legislation to set an oil import fee, said the administration's energy security report was based on flawed economic assumptions. The New Mexico Republican said the report did not take into account the last few weeks' drop in domestic oil production in its statement that an oil fee would raise prices for consumers. The report said a decline in economic growth as a result of the fee would reduce tax revenues. "A five dlr (per barrel) oil import fee will provide the stimulus to create jobs and investment, " and raise revenues, he said.