> Codruta, ia uite ce mai zice Bush...
> Pe-asta cu mai multe rafinarii n-am priceput-o prea bine, dar in schimb
pare mai interesanta cea relativ la nukes...

 -------------------
WASHINGTON (CNN) -- Comparing U.S. dependence on overseas oil to a "foreign
tax on the American people," President Bush on Wednesday proposed a series
of energy initiatives, including more oil refineries and nuclear plants, to
combat the problem.

 In a speech to a Small Business Administration conference in Washington,
Bush announced five proposals focusing on technology to ensure affordable
and reliable supplies of energy.

 His second energy speech in a week comes as gas prices soar ahead of the
summer driving season.

 "Technology is allowing us to better use our existing energy resources,"
Bush said. "And in the years ahead, technology will allow us to create
entirely new sources of energy in ways earlier generations could never
dream."

 He said the United States must develop policies to make it less dependent
on oil and other fossil fuels but stressed that he could not just lower
soaring gas prices.

 "Our dependence on foreign energy is like a foreign tax on the American
people. It is a tax our citizens pay every day in higher gasoline prices and
higher costs to heat and cool their homes. It's a tax on jobs and a tax that
is increasing every year," Bush said.

 "The problem is clear; the problem did not develop overnight. It is not
going to be fixed overnight."

 The president discussed a plan to encourage building oil refineries on
former military sites.
Administration officials said Bush will ask federal agencies to work with
states and local communities to try to identify ways for refinery expansion.

 He also called on the Department of Energy to work with Congress to reduce
uncertainty in the licensing process of nuclear power plants.

 "A secure energy future for America must include more nuclear power," Bush
said.

 The Bush administration said that despite a newer licensing process at the
Nuclear Regulatory Commission, experiences in the 1970s and 1980s have left
uncertainty among potential investors about their ability to negotiate the
new system.

 The president proposed "risk insurance" to mitigate the cost of possible
delays in the licensing of new reactors.

 Administration officials said they were not prepared yet to discuss how
much that insurance might cost.

 Other items on the Bush agenda included a call to Congress to grant federal
authority (via the Federal Energy Regulatory Commission) over the location
of new liquefied natural gas terminals in an effort to increase the supply
of natural gas and reduce prices.

 Additionally, the president called for expanding his existing tax credit
proposal, which currently applies to hybrid and fuel-cell vehicles, to
include those using new clean diesel technology.

 Bush also touched on expanded international cooperation in cleaner and more
efficient energy technologies.

 The House of Representatives recently passed an energy bill, but the Senate
has yet to do so. Bush urged the Senate to pass energy legislation and to
have a bill on his desk before the August recess.

 CNN's Catherine Berger and Elaine Quijano contributed to this report.


--
"Let me know, that at least, she will try
Then she'll be a true love of mine"
www.arin.ro



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