By sharing technology and promoting investment in ethanol, America would also be reducing Latin America's fuel bill.
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"For relatively low expenditure, you can make a big difference to the cost of your fuel bill, " says Sir Tony Hawkhead of Groundwork.
The latest cuts come as Sir Richard Branson said he planned to hold talks with the government about paying for a new oil refinery as a way of reducing his airline fuel bill.
Since September, the government has increased diesel prices to reduce its fuel subsidy bill and allowed more foreign investment in sectors such as retail and civil aviation.
The Winter Fuel Allowance Payments Bill is a private members' bill that is being sponsored by SNP MP Mike Weir.
More likely, it will be a bill to raise fuel economy standards and biofuel production.
"This program is about climate change, not about fuel prices, " says Bill Graves, ATA president and former Kansas governor.
This story dates to 2007 when the Bush Administration joined Democratic greens and corn-state Republicans to pass an energy bill mandating renewable fuel standards.
Key parts of the bill include new fuel economy standards for cars and light trucks, and new requirements to increase the use of ethanol and other biofuels.
On Wednesday, President Bush signed an energy bill that raises vehicle fuel economy standards by 40% and boosts biofuel production.
On Thursday evening, the Senate, by a vote of 86-8, passed an energy bill that will raise fuel-economy standards by 40% and dramatically boost production of ethanol and other biofuels.
The Senate's version of the bill would raise vehicle fuel-economy standards to an average of 35 miles per gallon by 2020 and increase production of ethanol and other biofuels by more than 600% by 2022 and criminalizes price-gouging by oil companies.
Cheap Energy: Vital Fuel for the Economic Growth Engine by Bill Bonner originally appeared in the Daily Reckoning.
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The auto industry has fought hard to curb an increase in fuel economy standards, and the Senate bill is considered a blow to automakers.
Last week the Senate passed a substantial but flawed energy bill, which imposed tougher fuel-efficiency standards on cars but failed to consider a carbon tax or a cap-and-trade system.
"It is easy to imagine that some of these interruptions could have led to forgetting of steps, including checking the fuel level, performing the preflight, " said Bill Bramble, an NTSB aviation expert.
That bill would increase the general aviation jet fuel tax from 21.8 cents per gallon to 30.7 cents per gallon and would raise the general aviation gasoline tax from 19.3 cents per gallon to 24.1 cents per gallon.
"We need a dramatic shift off carbon-based fuel: coal, oil and also gas, " Bill McKibbern, the founder of 350.org, wrote in an email to The Associated Press.
After weeks of intense deal-making, the House of Representatives on Thursday approved a landmark energy bill boosting subsidized biofuel production and raising vehicle fuel economy standards by 40%.
Trouble is the Big Three will still need more money to help them meet the technology investments needed to comply with last year's energy bill, which requires them to meet higher fuel-efficiency standards by 2020.
One research group, the Energy Bill Revolution, estimates the number of families in fuel poverty within three years will rise to nine million.
Finally, a measure in the bill would require the administration to raise corporate average fuel economy (CAFE) standards from their current level of 25 miles per gallon (mpg) to 35 mpg by 2020.
And although champions of the legislation will go to lengthens to make it appear as though those evil fossil-fuel energy suppliers and energy-gobbling corporations will foot the bill, Americans have enough economic sense to know that ultimately those costs find their way to consumers and workers.
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The bill would allow for the early payment of the winter fuel allowance to people whose homes are not connected to the mains gas grid and whose principal source of fuel is home fuel oil, liquid petroleum gas or propane gas.
Under their bill, the government would invest the money in developing renewable fuel and more efficient energy policies, including a plan to weatherize more than a million homes.
Before passing its colossal energy bill last week, the Senate rejected coal-to-liquid fuel subsidies.
Coal is the filthiest fossil fuel and is cheap only because its dirtiness isn't included in the bill.
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The companies, along with their industry group, the Edison Electric Institute, lobbied hard against a provision in the House bill that would make them obtain at least 15% of their fuel from renewable sources.
The Energy Bill that President Bush signed into law Wednesday mandates an increase in automotive fuel efficiency for the first time in 32 years.
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