WASHINGTON (Reuters) - House of Representatives and Senate negotiators finished work on Tuesday on energy legislation that aims to boost traditional oil, natural gas and electricity supplies and would double production of the gasoline additive ethanol.
The panel of lawmakers rejected a proposal to reduce U.S. oil consumption by 1 million barrels per day and also turned down a plan to require utilities to generate more electricity from renewable energy sources like wind and solar power.
The full House and Senate will vote on the compromise bill this week. President Bush on Sunday urged leaders of the conference committee to wrap up work on the energy bill this week so he could sign it into law by Aug. 1.
http://news.yahoo.com/s/nm/20050726/us_nm/energy_congress_dc_6;_ylt=AurBevU7O2HmWxB.5M8dUkJjKsMA;_ylu=X3oDMTA5bGVna3NhBHNlYwNzc3JlbA--Putting America's future ahead of his and his buddies own short-term interests yet again (not)...WHAT A GUY!!!:mad: