Industry praises Murkowski's omnibus energy bill

03/05/2001
US oil industry groups have praised Sens. Frank Murkowski (R-Alas.) and John Breaux (D-La.) for opening debate on a comprehensive national energy strategy.The senators last week filed an omnibus bill designed to lower US dependence on imported oil (OGJ Online, Feb. 23, 2000). Murkowski is the energy and natural resources committee chairman. Breaux is the ranking Democrat on the panel. Another key cosponsor was Senate Majority Leader Trent Lott (R-Miss.).Reducing import dependenceThe legislation is intended to reduce US oil import dependence to less than 50% by 2011 from the current 56%.It is expected to influence the energy policy program that President George W. Bush's administration...
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