Aug 9 2005
August 2005
8 August 2004Gone But Not Forgotten: Energy, Oil and Alaska
President Bush signed the 2005 Energy Bill on Monday, partially fulfilling a 2000 election promise; conspicuous by its absence, the bill fails to address controversial drilling in Alaska's Arctic National Wildlife Refuge (ANWR). Sen. Pete Domenici (R-NN) acknowledged that the bill would not have passed...
3 August 2005
CBO Energy Bill Estimates Multi-Billion Dollar Budget Hit
The Oil & Gas Journal reports that the Congressional Budget Office, in a letter dated 27 July (before either the House or Senate voted on HR 6, The Energy Bill), estimated that the bill will increase direct federal spending by $2.2 billion from fiscal 2006 through 2010...
July 2005
29 July 2005Energized Pork
The Atlanta Journal Constitution reports that the 1700+ page energy bill (HR 6) contains fine print benefiting Atlanta-based Home Depot (relating to California and air conditioner standards).
27 July 2005
Not A Bad ROI
The Energy Bill (HR 6) pours about $9 billion into the oil and gas sector in tax credits and incentives. The industry, which is rolling in dough due to record high gasoline prices, "invested" more than $360 million lobbying Congress over the past two years.
Summer Recess Puts Energy Bill on Fast-Track
Congress is set to recess for the month of August, and the looming date has both chambers working double-time. The Energy Bill (HR 6) is six years in the making and is tentatively set for a vote in the House on Thursday and the Senate on Friday.