While infusing new funds for filling the Strategic Petroleum Reserve (SPR) and advancing nuclear, clean coal and renewable fuels, the Bush Administration made no apologies for cutting all oil and natural gas research and development dollars out of its fiscal 2008 energy budget request. Also dropped was funding for the office of a federal coordinator for the long-stalled Alaska natural gas pipeline project.
Infusing
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Energy Dollars Go to Clean Coal, New Nuclear Plants, Renewables, SPR
While infusing new funds for filling the Strategic Petroleum Reserve (SPR) and advancing nuclear, clean coal and renewable fuels, the Bush Administration made no apologies for cutting all oil and natural gas research and development dollars out of its fiscal 2008 energy budget request. “This president has never been in favor of subsidies for the oil and gas industry,” Energy Secretary Samuel Bodman told a budget briefing Monday.
February 6, 2007
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