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Financial Spread Trading The Senate today gave the Bush Administration and auto industry increased power to hold up progress on fuel economy standards. The Sierra Club criticized the Senate for doing nothing to save consumers money at the pump, reduce America's oil dependence and reduce global warming pollution. Instead, Senators passed a sham amendment proposed by Senators Carl Levin (D-MI) and Kit Bond (R-MO).

The oil and gas industries donated more than $32 million to candidates and political parties in the last election, and now the Congress and President Bush want to open the pristine and irreplaceable Arctic National Wildlife Refuge for oil exploration. Last week, Senators rejected higher fuel economy standards for cars, SUVs and other light trucks, which would have saved millions of barrels of oil a day and reduced our dependence on oil. Senators who voted against raising fuel economy standards received an average of $18, 000 from the auto industry and those who supported raising the standards accepted an average of $5, 500 from the auto industry.

Nfl Betting Spread The Senate voted for the irresponsible Levin-Bond amendment, allowing the Bush Administration to deepen our oil dependence. The Senate also failed to pass an amendment to significantly improve the fuel economy of cars and light trucks introduced by Senator Richard Durbin (D-IL).

The Senate today gave the Bush Administration and auto industry increased power to hold up progress on fuel economy standards. The Sierra Club criticized the Senate for doing nothing to save consumers money at the pump, reduce America's oil dependence and reduce global warming pollution. Instead, Senators passed a sham amendment proposed by Senators Carl Levin ( MI) and Kit Bond ( MO).

Commodity Spread Trading "In handing our nation's energy security over to the auto industry the Senate bowed to the pressure of the Bush Administration working in cahoots with the auto industry," said Daniel F. Becker, Director of Sierra Club's Global Warming and Energy Program.

"In handing our nation's energy security over to the auto industry the Senate bowed to the pressure of the Bush Administration working in cahoots with the auto industry, " said Daniel F. Becker, Director of Sierra Club's Global Warming and Energy Program.

Betting Exchange Spread The Levin-Bond amendment leaves the fuel economy and safety issue to the Department of Transportation's National Highway Traffic Safety Administration (NHTSA) without providing them with a target for oil savings. NHTSA has failed to effectively implement fuel economy regulations and enforce auto safety standards for the last 25 years. Indeed, average fuel economy of 2002 model year vehicles is the lowest since 1980. The Administration's close ties to the auto-industry, including Chief of Staff Andrew Card's previous position as chief lobbyist for General Motors, are further indications that NHTSA will do little to increase CAFE standards. The administration's recent announcement of a small 1.5 mpg. increase in light truck fuel economy standards shows that it is not serious about cutting our oil use.

"Government Should Steer Clear of the Fuel Economy Issue" (Commentary, March 1) needed new fuel economy standards will cost lives. In fact, Hollings fuel economy provisions now before the Senate will save lives, fuel and emissions.

Advanced Commodity Spread "The Senate ignored a chance to make real progress in reducing our oil dependence, saving consumers money, and cutting global warming pollution," said Gary Skulnik, Washington Representative on Sierra Club's Global Warming and Energy Program. "The American people demand better from our Senators than this irresponsible vote to elevate the auto industry's short-term interests over Americans' safety and energy security."

Although environmentalists like the prospect of clean hydrogen cars, some of them criticized Mr. Bush for focusing on a car of the future instead of the ones on the road today. They said he was using the hydrogen car as a way to protect the auto industry from tougher standards for fuel economy and emissions today.

Online Spread Betting Sierra Club - 7/29/2003

Topic: Transportation

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