Senate energy bill to drop oil industry taxes
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Senate Majority Leader Harry Reid  said on Thursday he would scale back the controversial taxes in  a broad energy bill aimed at boosting U.S. vehicle fuel  efficiency to avoid a White House veto and appease Republicans  who were ready to filibuster the measure.
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The U.S. Energy Department on  Wednesday put itself on a collision course with Senate  Democrats with a plan to buy more oil for its strategic reserve  even as prices hover near $90 a barrel.
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The Senate on Monday pressed ahead  with a Democrat-driven rewrite of American energy policy that  would strip nearly $15 billion in tax breaks from large  companies and put the money toward making energy from clean,  renewable sources like wind, solar and soybeans.
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The U.S. Energy Department on Wednesday put itself on a collision course with Senate Democrats with a plan to buy more oil for its strategic reserve even as prices hover near $90 a barrel.
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A Senate Democrat is aiming to halt expansion of the country's oil reserves for one year, saying it makes no sense when oil prices are high.
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A bill that would end a nasty trade war with Europe and shower more than &#36;140 billion in tax breaks on American companies is nearing congressional approval.
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The House is going to make another run at imposing more than $16 billion in taxes on major oil companies.
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A U.S. senator, citing high oil and  gasoline prices, on Monday said he will seek to delay for a  year direct U.S. government oil purchases to fill its emergency  crude oil reserve.
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WASHINGTON - The Senate is expected to follow the lead of the House and pass a major overhaul of corporate tax law that would dole out $136 billion in new tax breaks to a wide array of U.S. companies and provide a $10.1 billion buyout for the nation's tobacco farmers...
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By Tom Pelton, The Baltimore Sun  Mar. 10--Senate President Thomas V. Mike Miller and other leading Democrats are sponsoring a bill that would cut back the state's environmental review of proposals to build large wind turbines.
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U.S. Senate and House of Representatives negotiators agreed on Wednesday on a huge corporate tax bill that will repeal export subsidies that violate global trade rules and give manufacturers a new tax break.
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Oil may cost as much as 10 percent less next year if US Democratic challenger Senator John Kerry defeats President Bush in Tuesday&#39;s election, some energy analysts said on Monday.
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The Senate appeared set to approve a trimmed-back energy bill that will bring higher-gas mileage cars and SUVs into showrooms in the coming decade and fill their tanks with ethanol.
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The House is going to make another run at imposing more than $17 billion in taxes on major oil companies.
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The Senate was poised today to vote on a bill that will provide $136 billion in new tax breaks for businesses and other groups and $10.
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The Senate has begun debating a sprawling energy bill that has already kicked off an epic lobbying war.
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House Republicans agreed Friday to move a compromise offshore drilling bill passed by the Senate this summer that would open new territory in the Gulf Coast area to oil rigs and create a cash cow for nearby states.