In his second major speech on energy policy, the resient will announce plans to use closed army bases to create more refineries. Recent polls have shown that more than fifty percent of Americans do not aprove of the way Mr. Bush is handling the energy crisis. Saudi Arabias Crown Prince visited Mr. Bush at his Crawford Branch, yet the visit generated more headlines of teh two leaders holding hands than any tangible result.
Under pressure over high energy prices, President Bush on Wednesday will propose tackling the root causes of the problem by encouraging new oil refineries be built at closed military bases and jumpstarting construction of new nuclear power plants.
In a speech, Bush will also propose giving federal regulators the lead authority to decide where to locate terminals for processing imported natural gas. States have increasingly been taking the lead on this issue.
And the president will propose adding vehicles that use clean-burning diesel fuel to the list of automobiles eligible for $2.5 billion in tax credits over 10 years to encourage further use of this technology. Other eligible vehicles are hybrids powered by gasoline and electricity and fuel-cell vehicles.
Senior Bush administration officials unveiled details of the president's proposals on Tuesday night. It will be his second energy speech in a week.
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