You scratch my back and …
The latest moves to ease restrictions on offshore drilling off the US coast is being pushed by 17 Republican senators who have received $3 million total in campaign contributions from individuals and political action committees affiliated with the oil and gas industry since January 1, 2007.
The Republican energy plan, sponsored […]

Democrats in the US Senate yesterday called for a temporary special tax on oil companies’ profits and a rollback of $17 billion in oil industry tax breaks as part of an energy package.
The proposed 25 percent profits tax would apply just to oil company earnings above what would be considered “reasonable” and only if those […]

Like a record stuck in a bad groove, President Bush has reiterated his call for Congress to open more areas for drilling, including ANWR.
“If Congress is truly interested in solving the problem, they can send the right signal by saying we’re going to explore for oil and gas in the U.S. territories,” starting with the […]

If this was the moment he was going to secure his green legacy, like many other occasions in his Presidency, President Bush failed miserably.
When yesterday he called for a national goal of halting the growth of U.S. greenhouse gas emissions by 2025, his voluntary target fell well short of what most leading scientists say […]

The Democrats are planning to push legislation through this spring that would force the Iraqi government to spend its own surplus in oil revenues to rebuild the country.
Lacking the votes to order troops home by a certain date, Democrats see fencing off reconstruction money as an alternative to challenging the Bush administration’s Iraq policies.