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Latest Energy Independence and Security Act Stories

2008-06-25 03:02:44

TWO years ago, President Bush declared that America was "addicted to oil," and, by gosh, he was going to do something about it. Well, now he has. Now we have the new Bush energy plan: "Get more addicted to oil." Actually, it's more sophisticated than that: Get Saudi Arabia, our chief oil pusher, to up our dosage for a little while and bring down the oil price just enough so the renewable energy alternatives can't totally take off. Then try to strong-arm Congress into lifting the ban on...

2008-06-24 15:03:01

The following statement was issued today by Tom Schatz, President, Citizens Against Government Waste: "On behalf of the more than 1.2 million members and supporters of Citizens Against Government Waste (CAGW), I am expressing my support for Governor Rick Perry's (R-Texas) request to the Environmental Protection Agency (EPA) to waive the ethanol mandate for the state of Texas to reduce this year's Renewable Fuel Standards (RFS) by half. "While last year's renewable fuels mandate was 5.4...

2008-06-18 15:00:39

Today, President Bush called on Congress to help American families by removing barriers to domestic production of oil and gasoline. For many Americans, there is no more pressing concern than high gasoline prices. Behind them is the basic law of supply and demand. In recent years, the world's demand for oil has grown dramatically. Meanwhile, the supply of oil has grown much more slowly. As a result, oil prices have risen sharply, and that increase has been reflected at American gas pumps. And...

2008-06-15 18:00:26

The United States should focus its energy efforts, in part, on renewable energy sources, Sen. Byron Dorgan, D-N.D., said Sunday. The North Dakota official said on Fox News Sunday that offshore oil production should be increased, and that finding new and renewable sources would be beneficial for the nation. I believe we need to do a lot of things, including additional production, including offshore production, Dorgan said, but we also need to move dramatically toward renewable energy, as...

2006-07-26 13:31:19

By Chris Baltimore WASHINGTON (Reuters) - A bill to open waters in the Gulf of Mexico off Florida to oil and natural gas drilling easily cleared a procedural hurdle on Wednesday that paves the way for the U.S. Senate to vote on the measure in coming days. But Senate Republican leaders said they would oppose a push by Democrats to widen debate to include possible amendments on automobile efficiency standards and other proposals to lower soaring U.S. energy prices. The move keeps...

2006-07-25 13:25:57

By Tom Doggett WASHINGTON (Reuters) - The U.S. House of Representatives could accept a Senate proposal to boost vehicle mileage requirements as part of legislation to open more offshore areas to oil and natural gas drilling, a key House lawmaker said on Tuesday. The Senate may vote this week on legislation to open a small area off the coast of Florida to drilling while preventing energy exploration within 125 miles of the state's coastline through 2022. Some senators may try to add...

2005-08-08 18:19:20

By Patricia Wilson ALBUQUERQUE, N.M. (Reuters) - As oil and gasoline prices hit new records, President Bush on Monday signed an energy bill he called vital to the U.S. economy but conceded that it offered consumers no short-term relief at the pump. The $14.5 billion legislation, passed by Congress after a four-year battle, boosts oil, natural gas and electricity supplies and promotes alternative energy sources. Bush said it was "a critical first step." "We're not going to solve our energy...

2005-07-29 01:56:33

By Julie Vorman WASHINGTON (Reuters) - The U.S. Senate was poised on Friday to approve a $14.5 billion energy bill that is championed by the White House as a way to increase U.S. supplies and reduce demand but criticized by environmental groups. Supporters say the measure will revive America's nuclear power industry, boost oil drilling, convert coal into a cleaner-burning fuel and use home-grown corn to stretch gasoline supplies. Environmental groups and some Democrats criticize its...

2005-07-28 12:27:51

By Tom Doggett and Chris Baltimore WASHINGTON (Reuters) - The U.S. House of Representatives on Thursday easily approved an energy bill packed with $14.5 billion in tax breaks and incentives and hailed by Republicans as a major change in U.S. energy policy. Environmental and consumer groups criticized the legislation as a giveaway to an industry enjoying record profits with crude oil prices near $60 a barrel, while spending little on ways to curb demand or encourage renewable energy. The...

2005-07-28 14:04:55

By Tom Doggett and Chris Baltimore WASHINGTON (Reuters) - The U.S. House of Representatives on Thursday easily approved an energy bill packed with $14.5 billion in tax breaks and incentives and hailed by Republicans as a major change in U.S. energy policy. Environmental and consumer groups criticized the legislation as a giveaway to an industry enjoying record profits with crude oil prices near $60 a barrel, while spending little on ways to curb demand or encourage renewable energy. The...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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