Political Browser: The Post's Daily Guide to Politics on the Web MORE »
Page 2 of 2   <      

Bill Wouldn't Wean U.S. Off Oil Imports, Analysts Say

Legislative clerk Ann Nguyen, left, arranges amendments before a joint meeting to resolve differences between the House and Senate-passed versions of the energy bill. The measure appears headed for passage this week.
Legislative clerk Ann Nguyen, left, arranges amendments before a joint meeting to resolve differences between the House and Senate-passed versions of the energy bill. The measure appears headed for passage this week. (By Lawrence Jackson -- Associated Press)
Discussion Policy
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.

The provision that would have the biggest impact, analysts agreed, is a requirement for the United States to increase the amount of ethanol and other agriculture-derived fuels. That would offset some gasoline use, they said.

The Senate version, which requires more ethanol or agriculture-derived fuels than the House bill, would cut oil imports by 80,000 barrels a day by 2012, according to government estimates. That would mean oil imports would be about 0.8 percent less than they otherwise would have been in 2012.

The energy legislation would provide tax breaks and other subsidies that supporters say would encourage increased domestic oil production to further reduce reliance on foreign oil. Domestic production has been declining for years.

Bush has pushed to open Alaska's Arctic National Wildlife Refuge to oil drilling, to tap what geologists say is one of the few remaining areas of the country that hold promise for major new production. Without that new drilling, net oil imports would be 68 percent in 2025, according to the Energy Department's Energy Information Administration. With drilling in the refuge, net oil imports would account for 64 percent of consumption in 2025, according to the EIA.

A provision to open the refuge -- a highly contentious issue because of the strong opposition from environmentalists and many Democrats -- is unlikely to be included in the final version of the energy bill. But such a measure has been included in budget language, and final votes are expected in Congress in September.

The energy legislation also calls for money to be spent on research into hydrogen, alternative fuels, efficiency and technology, which supporters said could ultimately help reduce oil consumption. The Senate version of the legislation calls for tax breaks for hybrid vehicles, which supporters said would help reduce oil demand.

Environmentalists cited a provision included in the legislation that they said would result in more oil consumption and greater imports: extension of a provision designed to encourage auto manufacturers to produce vehicles that can run on either gasoline or a fuel blend of 85 percent ethanol.

The provision allows automakers to receive fuel economy credit -- and increase production of less-fuel-efficient vehicles -- even if owners use only gasoline, environmentalists said. Few gas stations sell the ethanol blend, and many of the cars end up being fueled by gasoline, they said.


<       2


More in the Politics Section

Campaign Finance -- Presidential Race

2008 Fundraising

See who is giving to the '08 presidential candidates.

© 2005 The Washington Post Company