Watching Government: US energy bill in doubt for '01

03/12/2001
No one disputes the need to take a hard look at how the US manages its energy needs.The recent gasoline price spikes and blackouts in California have given lawmakers a unique opportunity to galvanize public opinion. And the omnibus energy package sponsored by Sens. Frank Murkowski (R-Alas.) and John Breaux (D-La.) seeks to address industry concerns from wellhead to burnertip (OGJ, Mar. 5, 2001, p. 40).Yet the harsh reality, in the minds of some veteran policymakers, is that the Murkowski plan has too many controversial pieces-namely drilling on the coastal plain of the Arctic National Wildlife Refuge and a host of new tax incentives. At best, these elements will stall the 300-page-plus bi...
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