Thursday, April 17, 2014

IN RESERVE ALASKA WILL PRODUCE OIL

In RESERVE ALASKA WILL PRODUCE OIL

U.S. House of Representatives approved a long-term energy program that will preserve Alaska for oil and protect the manufacturers of additives for gasoline from litigation. Both of these issues may face resistance in the Senate. Under this program, energy companies will receive more than $ 12 million of tax benefits and subsidies. Opponents of the bill argue that it is unlikely to contribute to lower energy consumption.


Proposal to enhance fuel economy for cars was rejected. Administration passed the bill, despite reservations about the size of the White House encouragement oil and gas industry, especially the 2 billion dollars allocated for oil and gas in the Gulf of Mexico. After the approval of the law by President George W. Bush said that this is an important step toward ensuring energy future and reduce dependence on foreign sources of energy.


After two days of debate and adaptations of the law was passed, by voting 249-183, of which 41 - Democrats who supported the Republican majority.