Bipartisan group plans bill to expand oil drilling

08/4/2008 | Wall Street Journal (free content), The · FoxNews.com

A handful of Democratic lawmakers has joined forces with Republicans to draft legislation that would expand offshore oil drilling. Additionally, the bill would end a manufacturing tax credit for oil companies and use the money to fund conservation and energy-efficiency programs. The move underscores the willingness of some Democrats to break the stalemate over energy policy as Congress prepares for a month-long recess.

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Wall Street Journal (free content), The · FoxNews.com

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