Thursday, December 20, 2007

President Bush Signs Energy Legislation

President Bush Signs Energy Legislation December 19 2007After months of wrangling and negotiations by members of Congress and the Administration, President Bush signed into law Wednesday major energy legislation.

In doing so, the President remarked:
"Today we make a major step with the Energy Independence and Security Act. We make a major step toward reducing our dependence on oil, confronting global climate change, expanding the production of renewable fuels and giving future generations of our country a nation that is stronger, cleaner and more secure."
The new legislations give strong support to alternative fuels like ethanol. The goal is for the US to produce 36 billion gallons a year by 2022. The legislation also increases the average mileage standard to 35 miles per gallon by 2020.

UPDATE: YouTube Video of the Signing Ceremony

If you can't see the video, click HERE to go directly to YouTube.

Source: White House News Release

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