June 28, 2005

STRANGE KIND OF LAME DUCK:

Senate OKs energy bill; House fight looms (H. JOSEF HEBERT, 6/28/05, Associated Press)

The Senate overwhelmingly approved energy legislation embraced by both Republicans and Democrats Tuesday, but hard bargaining looms with House GOP leaders who favor measures more favorable to industry.

After finishing most work on the bill late last week, the Senate approved the sweeping legislation 85-12. It includes a proposed $18 billion in energy tax breaks, an expansion of ethanol use and measures aimed at increasing natural gas imports to meet growing demand. [...]

President Bush praised the Senate for passing the measure, saying it would help U.S. economic growth by addressing the causes of high energy prices and the nation's dependence on foreign supplies of energy. "I urge the House and Senate to resolve their differences quickly and get a good bill to my desk before the August recess," he said.

Energy Secretary Samuel Bodman also applauded passage of the Senate bill and said he was prepared to try to help resolve the MTBE issue. But for now, he said, he views it as an issue to be resolved by the lawmakers. "We would hope there could be a compromise that could be agreed upon," said Bodman, although adding he didn't know what the solution might be.


When was the last significant energy bill? The 70s?

Posted by Orrin Judd at June 28, 2005 1:48 PM
Comments

Yeah, and the economy sure has been floundering for the last 30 years without one...

Posted by: b at June 28, 2005 2:04 PM

There was a bill in the administation of Bush pere. It gave us the low-flow toilet. What a real energy bill would do is deprive the federal courts of jurisdiction over project siteing.

Posted by: Robert Schwartz at June 28, 2005 3:51 PM

I'm with b. I think we should give it another 30 years to see if we really need an energy bill from the US Congress.

Posted by: Annoying Old Guy at June 28, 2005 5:08 PM

The last piece of significant energy legislation at the national level was the Energy Policy Act of 1992. ENRON was its most notable consequence.

Posted by: ghostcat at June 28, 2005 6:33 PM

So no significant ones in recent years?

Posted by: oj at June 28, 2005 6:44 PM

I don't know all of the details but most writeups have labelled it another pork-laden incoherent mess. If it includes ANWR drilling and easing of restrictions so that more refineries and nuke plants can be built then it should help.

Posted by: AWW at June 28, 2005 8:06 PM

Ethanol, don't forget the ethanol.

I think Sheila Burke must have drunk it straight from the bottle.

Posted by: jim hamlen at June 28, 2005 10:42 PM

Cat: Do you really think Enron is more important than no flow toilets?

Posted by: Robert Schwartz at June 29, 2005 2:19 PM
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