Senate to take up bill to cut gasoline demand
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The Senate will begin debate this week on legislation to reduce America's gasoline demand by increasing the fuel economy of cars and trucks and boosting the use of non-petroleum fuels like ethanol, Senate Majority Leader Harry Reid 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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Democrats celebrated a step toward reducing U.S. dependence on oil as the Senate approved a bill calling for more ethanol and the first boost in gas mileage in decades.
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This week's Senate battle over the energy bill heralds a longer fight on climate change, some analysts say.
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The House of Representatives on  Tuesday approved an energy bill to increase the fuel efficiency  of cars and trucks for the first time since 1975, boost  production of ethanol and cut energy use in light bulbs and  appliances.
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The Senate was on the verge Thursday of approving and sending back to the House the first increase in automobile fuel economy in three decades and huge gains in ethanol use as part of a compromise energy bill.
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Fuel marketers in Illinois are considering requesting federal help to ease a gasoline supply crunch that has pushed the state's pump prices to the highest in the nation.
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A Senate famous for its "deliberative pace" is hoping to rush out bills this week bolstering pensions, raising the minimum wage and cutting taxes before departing the Capitol and shifting their re-election campaigns into high gear.
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New Delhi: The Cabinet Committee on Economic Affairs (CCEA) may consider slashing customs duty on petrol and diesel from 15 per cent to 10 per cent besides exempting kerosene and LPG from excise levy as part of efforts to spare consumers from the impact
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The U.S. Senate approved compromise legislation on Thursday that would force automakers to produce vehicles that get sharply higher gasoline mileage by 2020, a cornerstone of efforts to reduce oil imports.
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The US Congress passes a "historic" energy bill to improve fuel economy and reduce demand for oil.
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Senate Democrats are seeking a major reversal of energy tax policies that would reverse incentives and benefits to the oil industry and instead underwrite renewable fuels.
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Chief executives of struggling Detroit-based automakers will press their energy and trade agendas in congressional meetings Wednesday, days before the Senate plans to take up proposed legislation to sharply hike fuel economy standards.
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Democrats are aiming for a resolution that is simpler than the Senate's.
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President Bush asked Congress to help solve "one of the great challenges facing our generation" by approving proposals he says will cut U.S. gasoline consumption by up to 20 percent over 10 years.
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Leaders of a bipartisan House panel, seeking economic pressure against Iran, moved Thursday to reduce Tehran's import of gasoline.
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The Senate yesterday rejected two additions to an energy bill that would have pumped billions of federal dollars into efforts to ramp up production of a coal-based fuel for cars and trucks, which proponents had called an important alternative to petroleum.