House OKs more drilling off Atlantic and Pacific coasts
The House approved a plan to allow offshore oil and gas drilling beyond 50 miles from shore with state consent, rolling back $18 billion in oil tax breaks and boosting wind solar and conservation incentives. President Bush signaled a veto.
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Ike knocks out power for millions in hurricane fallout
Nearly 4 million customers were without power as Ike disrupted refineries and pipelines along the Gulf of Mexico. Texas and Louisiana shut downs and restarting plants drove gas prices up for the first extended pump rise since the summer. Power outages were among the nation’s largest, with about 2.2 million in Texas and 1 million in Ohio.
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