U.S. budget boosts coal and nuclear power
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Bush's budget request Monday cut funding for renewable energy, but increased spending for science.
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The United States has plenty of fuel in storage for winter heating thanks to near full-throttle refinery production, but household energy bills are still likely to be up sharply, the head of the U.S. Energy Information Administration (EIA) said on Friday.
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WASHINGTON - After taking a rest in June, the nation's consumers were full of energy last month, boosting their spending by a strong 0.8 percent, a hopeful sign the economy may be emerging from a summer funk.    The over-the-month increase in consumer spending, reported by the Commerce Department on Monday, marked a turnaround from the 0.2 percent decline registered in June, when high energy prices and a sluggish job market made for more cautious buyers...
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BEIJING -- China announced yesterday that it will increase military spending at a sharply higher rate this year, budgeting a rise of nearly 18 percent, and a senior US official immediately called for clarity on the planned expenditures.
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In four separate pieces of legislation -- two energy bills, the farm bill and a bill that would fund rural schools and libraries -- lawmakers in the House of Representatives make use of $6 billion in payments from oil companies.
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U.S. producer prices jumped a  bigger-than-expected 2 percent in November, the largest gain in  more than three decades, on a spike in energy prices, a  government report showed on Tuesday.
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Electricity shortages and gas supply problems predicted to push bills up.
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U.S. consumer prices rose more than expected in January despite a dip in energy prices, as medical costs jumped, a Labor Department report showed on Wednesday.
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Surging energy costs drove up U.S.  consumer prices a hefty and larger-than-expected 0.6 percent in  October, while industrial output and housing starts rebounded  strongly from the prior month.
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Four lucky states were slated to share billions in potential royalties courtesy of an offshore drilling expansion signed into law last year, money that could help reverse decades of environmental damage from coastal industry. But as budget planning gets under way, the states are beginning to realize that Congress gave them far more freedom in spending the windfall than the political rhetoric in Washington suggested.
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BEIJING, March 4 -- China announced Sunday it will increase military spending at a sharply higher rate this year, budgeting a rise of nearly 18 percent, and a senior U.S. official immediately called for more clarity on what the expenditures are for.
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China's government announced hefty spending increases Monday to boost incomes and improve social services for the urban poor and the lagging, restive countryside this year while guiding the booming economy to more stable growth.
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U.S. producer prices jumped a bigger-than-expected 2 percent in November, the largest gain in more than three decades, on a spike in energy prices, a government report showed on Tuesday.
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By Tri-City Herald, Kennewick, Wash.  Jun. 19--Northwest ratepayers got a boost recently when Rep. Cathy McMorris Rodgers, R-Wash., convinced the House Natural Resources Committee to agree that hydropower is a renewable energy resource.
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Surging energy costs drove U.S.  consumer prices up by a hefty and larger-than-expected 0.6  percent last month, the biggest jump since May, a government  report showed on Wednesday.
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The Christian Science Monitor - If new technology is a key answer to global warming and America's addiction to oil, then President Bush's proposal to boost federal spending on energy R&amp;D - by no less than 30 percent in fiscal 2008 - would seem a welcome step.
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Senate Republicans block a $32 billion in tax breaks for renewable energy that would have been financed mostly by new taxes on major oil companies. The GOP argues an oil-company tax increase would reduce production and raise gas prices.