US Senate Energy Committee approves comprehensive energy bill
Washington (Platts)--26May2005
The US Senate Energy and Natural Resources Committee Thursday approved its comprehensive energy legislation by a 21-1 vote. By voice vote, the panel approved an amendment directing the Dept of Interior to conduct an inventory of OCS resources and report the findings back to Congress. A proposal to give coastal states the option of asking Interior to offer leases currently under moratorium was not considered by the committee, but is expected to be offered when the bill reaches the floor of the Senate. Similarly, a proposal to give the states joint jurisdiction with the Federal Energy Regulatory Commission over siting LNG facilities was also deferred for action by the full Senate. The panel also approved language repealing the Public Utility Holding Company Act. Committee Chairman Pete Dominici said he had been told by Senate Leader Bill Frist that the Senate will take up the legislation shortly after it returns from its Memorial Day recess the week of June 6. This story was originally published in Platts Electricity Alert http://www.electricityalert.platts.com
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