Moderate Concessions in Senate on Energy…

By July 22, 2008Energy

From The Hill, covering this afternoon’s developments:

Senate Democrats on Tuesday announced modest concessions, such as expedited offshore leases, on expanded oil drilling, even as talks on an overall energy bill were teetering on the verge of collapse.

Majority Leader Harry Reid (D-Nev.) and Energy and Natural Resources Committee Chairman Jeff Bingaman (D-N.M.) unveiled a proposal to quicken the pace of processing new and existing applications for offshore leases. Such a proposal would be part of an overall bill that also includes a speculation crackdown and initiatives promoting renewable energy as well as conservation and a loosening of the policies that govern the oil in the Strategic Petroleum Reserve.

Still hard to see what’s so threatening about a full-blown energy debate, amendments, disagreements, votes up and votes down. Vote on speculation, vote on supply, vote on alternative energy, vote on buffalo chips…

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