Oil and gas drilling incentives ease rules in Gulf
Senate Finance Committee analyzes incentives for new offshore drilling and refining in the Gulf of Mexico. Environmental rules loosened to foster production with a total taxpayer cost around 11 billion dollars, including a 1.6 billion impact for certain programs.
MENTIONED IN THIS ARTICLE
Gulf of Mexico
Ies
Reuters
Senate Committee On Finance
Hastert Praises Passing CAFTA After Narrow Victory
House Speaker Dennis Hastert hailed Congressional action as a substantial achievement after the Central American Free Trade Agreement cleared a tight vote by two. The Senate had already approved the pact in June, with energy, highway, and veterans health care measures and the first two spending bills for the next budget year also gaining final Senate approval.
MENTIONED IN THIS ARTICLE
House
Dennis Hastert
Hastert
Senate
Congress
Bush
Interior Department
Envi
Bush signs extension and funds highway and transit bill
President Bush signed the 12th extension of the old highway act to keep highway money flowing to states. A new six-year bill is expected to reach his desk soon, while Congress approved highway and mass transit legislation totaling nearly 300 billion dollars. The energy measure provides 14.5 billion in tax breaks to boost oil and gas drilling, nuclear power, clean coal, and renewables, and requires refiners to double ethanol use. Lawmakers return to face Roberts confirmation hearings set for September 6.
MENTIONED IN THIS ARTICLE
Bush
Ronmental Protection Agency
Also Mentioned on This Page
Bai
Helen Lee
Eni
Judiciary Committee
John Roberts
Dillard's
Misses Sportswear
Stonebridge
Napa Valley
Sunset Cove
Home Department
Dillard’s
Visa
Mastercard
American Express
Discover
Diners Club
Music City Mall
Orig