WATCHING WASHINGTON ENERGY BILL CLEARS CONFERENCE COMMITTEE

With Patrick Crow House and Senate conferees last week agreed on an omnibus energy bill that may not do much to promote U.S. oil and gas production but at least no longer blocks it. In a marathon 11 hr session, conferees completed their give-and-take just in time for a final bill to be compiled and be voted on in each house before adjournment. The bill contains the most far reaching conservation and alternative fuels requirements ever considered by Congress. The oil industry fared very well in

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