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Odessa American in Odessa, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jul 31, 2005

Page

3

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.

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.

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.

Bush Ronmental Protection Agency

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