Source Pravda.Ru

Bush: proposal on Refineries to increase domestic energy production

President Bush Wednesday will propose new steps to increase domestic energy production, including incentives that could result in construction of nuclear-power plants and building oil refineries on abandoned military bases.

Details of Bush's proposals were outlined in a conference call with reporters Tuesday night by three administration officials with direct knowledge of a speech Bush will deliver today to a Small Business Administration conference. The White House refused to allow the officials to be identified because it's common practice for such sessions to be conducted anonymously, reports the USA Today.

According to Reuters, in a speech, Bush will also propose giving federal regulators the lead authority to decide where to locate terminals for processing imported &to=http:// english.pravda.ru/main/18/89/356/13380_gas.html ' target=_blank>natural gas. States have increasingly been taking the lead on this issue.

And the president will propose adding vehicles that use clean-burning diesel fuel to the list of automobiles eligible for $2.5 billion in tax credits over 10 years to encourage further use of this technology. Other eligible vehicles are hybrids powered by gasoline and electricity and fuel-cell vehicles.

Bush met Saudi Crown &to=http:// english.pravda.ru/usa/2002/02/28/26692.html ' target=_blank>Prince Abdullah at his Texas ranch on Monday but reached no agreement that would lower gasoline prices in the near term.

Energy legislation is moving on Capitol Hill. The House of Representatives has passed a version, while the Senate will begin debate next month. Administration officials want to work with congressional leaders to include Bush's proposals. Speaking to small business leaders on Wednesday, Bush will call on federal agencies to encourage construction of new oil refineries at the sites of former military bases closed in recent years.

The agencies would work with states, local communities and potential investors to encourage the use of the sites, the administration officials said.

The lack of adequate refining capacity is frequently cited by experts as one reason why &to=http:// english.pravda.ru/economics/2002/08/09/34207.html ' target=_blank>gasoline prices have surged dramatically in recent years. No new refineries have been built in recent years even though the demand for gasoline has risen.

Ukrainian bloggers draw a parallel between the events in East Timor and the Crimea. Any comparison has a right to exist, but a detailed analysis of the situation does not give a promising forecast to Ukraine

Ukraine dreams of what it can do to Crimea after winning war with Russia
Comments
Aretha Franklin: A colossus, a woman, a lady, a light and a soul
Russian government prepares to get rid of US dollar in economy
Turkey desperately tries to rescue its national currency as it falls to all-time lows
Ukraine dreams of what it can do to Crimea after winning war with Russia
Ukraine dreams of what it can do to Crimea after winning war with Russia
Details of Putin-Merkel surprise meeting unveiled
China turns two powerful US and UK destroyers into worthless buckets
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
The insane idea in Germany: "pedophilia normal love"
The insane idea in Germany: "pedophilia normal love"
Russia to build major naval base on the coast of Caspian Sea
Russia to build major naval base on the coast of Caspian Sea
Russian woman killed when hanging out naked of moving car in Dominican Republic
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
Why Russia continues investing in US public debt
Russian woman killed when hanging out naked of moving car in Dominican Republic
The Sham called Democracy
The Sham called Democracy