Post by Clark Bredesen on Apr 21, 2008 17:50:00 GMT -5
Mr. BREDESEN, submits:
A BILL
To protect the Alaskan National Wildlife Refuge from oil drilling
BE IT ENACTED by the House of Representatives and Senate of the United States of America
SECTION 1. SHORT TITLE
This bill shall be cited and known as the "Protect ANWR Bill"
SECTION 2. DEFINITIONS
1) For the purpose of this bill ANWR shall refer to the Alaskan National Wildlife Refuge that covers 19,049,236 acres (79,318 km²) in the Alaska North Slope region.
2) For the purpose of this bill Oil corporations shall refer to any legal, commercial body that specializes in the retail, drilling, or seeking of oil.
SECTION 3. FINDINGS
The Congress finds that-
1) Although there is currently an oil crisis in the United States ANWR holds on between 4.3 and 11.8 billion barrels of oil.
2)At the current rate of U.S. consumption which is 20 million barrels a day the ANWR deposit would last for roughly 525 days if it accounted for 100% of U.S. oil consumption if it contained 10.4 billion barrels.
3) At the current rate of U.S. consumption which is 20 billlion barrels a day the ANWR deposit would last 215 days if it provided 100% of U.S. oil if it contained 4.3 billion barrels.
4) Increased oil drilling in the United States is a temporary solution to an increasingly temporary fuel source.
SECTION 4. PROVISIONS
1) The Congress of the United States would provide upto but not exceeding 3 million dollars in federal aid to ANWR to keep it open.
2) The Congress of the United States will provide a tax deduction to oil companies that put a 10% of their overall income into research into renewable energy souces. The tax deduction will be the same amount of money the oil company spends on research.
SECTION 4. ENACTMENT
This bill shall be enacted upon the President's signature
SECTION 5. PLAIN ENGLISH SUMMARY
This bill gives money to ANWR to allow it to stay open but also gives money to oil companies to research into renewable energy resources.
A BILL
To protect the Alaskan National Wildlife Refuge from oil drilling
BE IT ENACTED by the House of Representatives and Senate of the United States of America
SECTION 1. SHORT TITLE
This bill shall be cited and known as the "Protect ANWR Bill"
SECTION 2. DEFINITIONS
1) For the purpose of this bill ANWR shall refer to the Alaskan National Wildlife Refuge that covers 19,049,236 acres (79,318 km²) in the Alaska North Slope region.
2) For the purpose of this bill Oil corporations shall refer to any legal, commercial body that specializes in the retail, drilling, or seeking of oil.
SECTION 3. FINDINGS
The Congress finds that-
1) Although there is currently an oil crisis in the United States ANWR holds on between 4.3 and 11.8 billion barrels of oil.
2)At the current rate of U.S. consumption which is 20 million barrels a day the ANWR deposit would last for roughly 525 days if it accounted for 100% of U.S. oil consumption if it contained 10.4 billion barrels.
3) At the current rate of U.S. consumption which is 20 billlion barrels a day the ANWR deposit would last 215 days if it provided 100% of U.S. oil if it contained 4.3 billion barrels.
4) Increased oil drilling in the United States is a temporary solution to an increasingly temporary fuel source.
SECTION 4. PROVISIONS
1) The Congress of the United States would provide upto but not exceeding 3 million dollars in federal aid to ANWR to keep it open.
2) The Congress of the United States will provide a tax deduction to oil companies that put a 10% of their overall income into research into renewable energy souces. The tax deduction will be the same amount of money the oil company spends on research.
SECTION 4. ENACTMENT
This bill shall be enacted upon the President's signature
SECTION 5. PLAIN ENGLISH SUMMARY
This bill gives money to ANWR to allow it to stay open but also gives money to oil companies to research into renewable energy resources.
