Senate OKs close watch on energy markets
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The Senate voted Thursday to give federal regulators increased authority to monitor electronic energy markets and protect against market manipulation.
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Oil cut some of its losses to trade around $88 a barrel on Tuesday after the U.S. Federal Reserve took emergency action to help prevent the world's biggest fuel consumer from tipping into recession.
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Six U.S. senators, including  potential 2008 presidential contenders from both major parties,  unveiled legislation on Friday that would force power plants  and industry to curb heat-trapping greenhouse gases, seeking to  cut emissions to one-third of 2000 levels by 2050.
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WASHINGTON -- The chairman of a Senate antitrust panel said Thursday that Google Inc.'s proposed $3.1 billion acquisition of online advertising firm DoubleClick Inc. "warrants close examination" by federal regulators.
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The White House has raised last-minute concerns over regulation of automobile emissions and fuel economy that aides said Tuesday could lead to a presidential veto of the energy bill now before Congress.
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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 Senate passed a trimmed-back energy bill Thursday that would bring higher-gas mileage cars and SUVs into showrooms in the coming decade and fill their tanks with ethanol.
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The Senate gave final approval Monday to the most significant corporate tax legislation in nearly 20 years, sending President Bush a sprawling, 650-page measure that closes
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Top Democrats on the Senate Energy Committee ordered a new inquiry on Thursday into the Interior Departmentâs program to collect billions of dollars worth of oil and gas from companies that drill on public territory.
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Senate Democrats stripped Thursday two key provisions from a sweeping energy bill aimed at reducing US reliance on foreign oil in order to gain support from the Republican minority.
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The Senate voted yesterday to clear a major obstacle to passage of a $10.1 billion buyout of tobacco farmers, and a final vote was scheduled for noon today.
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By Rex Springston, Richmond Times-Dispatch  Feb. 6--The state Senate conservation committee yesterday endorsed a bill, favored by industry, that would strip powers from two state pollution-fighting boards.   The bill goes before the full Senate today.
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Federal lawmakers aim to close a legal loophole that has left the electronic energy markets to pretty much regulate themselves.
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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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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 Senate was on the verge Thursday of approving and sending back to the House the first increase in automobile fuel economy in three decades
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General Motors, Ford and Chrysler executives met with Senate lawmakers on Wednesday as Democrats move toward a vote on a sprawling energy bill.