Word: murkowski
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Dates: during 2000-2009
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...Alaska senator Frank Murkowski, chairman of the Senate Energy and Natural Resources Committee, has a 300-page plan, at a cost that the Congressional Budget Office is still calculating, to reduce U.S. dependence on foreign oil from 56 percent to 50 percent and set Americans free of pesky high energy prices forever. How? More oil - more drilling, more exploration. More natural gas, too, more windmills and more solar panels. And did we mention more...
...ANWR: This is the centerpeice, and at least Murkowski's no NIMBY-pamby - the Alaska National Wildlife Refuge is as close to his backyard as anyone's, and he, like Bush, is convinced that its black bounty, anywhere from 3.2 billion to 16 billion barrels of extractable oil, is well worth what advocates say will be minimal environmental damage. Says Murkowski: "The reality of ANWR is that if you are looking to increase supply, you look at where you are mostly likely to find...
...credits and subsidies: The trick to beating supply pinches, Murkowski figures, is keeping the wells pumping in times of plenty. Oil companies that deal with small-scale wells would be awarded tax credits when prices fall, as a way to provide an incentive to keep such wells operating. The bill would also reduce the federal royalties big energy companies pay when the prices of oil and natural gas fall below a certain level...
Later this month Murkowski plans to introduce a Senate bill calling for oil exploration in 1.5 million acres of the ANWR coastal plain, north of the Brooks Range and east of the Canning River--a section known as Area 1002. Murkowski's legislation, like the Bush recommendations that will follow it, faces stiff opposition in the evenly divided Senate, not just from Democrats but from a key bloc of at least eight Republicans--Olympia Snowe and Susan Collins of Maine, Bob Smith of New Hampshire, James Jeffords of Vermont, Lincoln Chafee of Rhode Island, Arlen Specter of Pennsylvania, Peter Fitzgerald...
Very few of the people in Washington with their finger on the panic button have ever seen the Arctic National Wildlife Refuge. (Murkowski is planning to lead a Senate delegation here when the weather warms up.) For those who do travel to Alaska's far north, the experience stretches the imagination. To visit a new drilling station in Prudhoe, one that extends only a few acres on the surface but can access 75 square miles underground, or fly over a convoy of trucks spraying water on the tundra to form ice roads strong enough to bear the weight of mobile...