Archive for the ‘domestic oil’ Category

House OKs boost for renewable energy

August 4, 2007

H. JOSEF HEBERT, Associated Press 

WASHINGTON – The House approved incentives for renewable energy and conservation Saturday, and edged closer to passing nearly $16 billion in taxes on oil companies.

Republican opponents said the legislation ignores the need to produce more domestic oil, natural gas and coal. One GOP lawmaker bemoaned “the pure venom … against the oil and gas industry.”

Read the rest:
http://news.yahoo.com/s/ap/20070804/
ap_on_go_co/congress_energy;_
ylt=AsTM0698rrWoqJ0O4hjmceKs0NUE

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