Expunge

House-Passed Energy Bill Offers Tax Breaks, Opens ANWR and Clarifies LNG Siting

The House last Thursday passed by a wide margin far-reaching energy legislation after beating off attempts by Democrats to expunge provisions that award FERC sole authority over the siting of liquefied natural gas (LNG) terminals, offer oil and gas producers royalty relief, open up the coastal plain of the Arctic National Wildlife Refuge (ANWR) to exploration and production activities, and provide manufacturers of the gasoline addition methyl tertiary butyl ether (MTBE) liability protection from lawsuits for groundwater contamination. The Republican-crafted bill was a major victory for President Bush, who has backed drilling in ANWR as part of his national energy policy.

April 25, 2005