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Senate to Focus on Controlling Energy Prices
Published Tuesday, May 13, 2008 at 04:50 AM
Today (Tuesday), the U.S. Senate is expected to receive an amendment to temporarily halt the flow of expensive crude oil into the Strategic Petroleum Reserve. Majority Leader Harry Reid of Nevada is expected to present the proposal from Senate Democrats. The say it makes no sense to keep filling the reserve at a time when supplies are tight and prices are rising. The measure enjoys broad bipartisan support and is likely to be adopted. However, the White House opposes it.

Meanwhile, Senate Republicans are expected to offer an amendment that recycles a number of GOP proposals for expanding domestic oil and gas supplies, all of which have been rejected in prior years. That pitch will come from Minority Leader Mitch McConnell of Kentucky.

Topping the list from the Republicans is a proposal to open Alaska’s Arctic National Wildlife Refuge to oil and gas drilling. With environmentalists vehemently opposed to drilling in the pristine North Slope area about 100 miles east of the oil fields at Prudhoe Bay, Congress has repeatedly refused to open the refuge to exploration.

© 2008 The Nebraska Rural Radio Association. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
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