Beset by scarce credit, falling asset prices and costly food, developed-country households are hardly well-equipped to foot the oil bill.
But now, because of the whittling by Congress, the "energy" bill seems to be more of an "oil independence" bill.
Iran, the second-biggest supplier of crude to India after Saudi Arabia, accounts for about 14% of the country's oil-import bill.
He denied, for example, that the large generator installed at the Stevens home in Alaska by oil industry executive Bill Allen was a gift.
The prosecution's star witness, one-time oil industry executive Bill Allen, has testified that he sent people on his payroll to work on the Stevens renovation, and that he absorbed tens of thousands of dollars in labor and material cost.
Obama -- passed another corporate welfare bill for oil companies.
It is a priority because the EU has a huge bill for oil and gas imports from outside Europe - bigger even than the EU's manufacturing trade gap with China, he says.
Lone Star Technologies, a Dallas producer of steel pipe used in oil wells, fits the bill.
The bill made polluting oil companies responsible for all containment and clean-up costs.
There are a bevy of big publicly traded oil and gas companies looking for CEOs including Marathon Oil and Occidental Petroleum, Bill Barrett and Encana.
FORBES: No April Fooling - McClendon Finally Gone From Chesapeake Energy
The bill would "force oil companies to report specific plans" on how they intend to start producing more oil.
The Coincidental Rise of Oil and the Monetary Base by Bill Bonner originally appeared in the Daily Reckoning.
Some of the most thoughtful comments came from a representative of one of the worst offenders, Bill Spence of Shell Oil.
"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.
Houston's oil execs might not appreciate that much of the funding of the bailout bill's green energy provisions will come through raising taxes on oil and gas production.
The first camp worries that the lofty bill for a barrel of oil is damaging the world economy and a further price spike could destroy demand.
ECONOMIST: Disharmony at OPEC breeds uncertainty over the oil price
Bill Nelson, will accuse oil companies of "refusing to produce on the millions of acres for which the government has already granted them leases" (or so reads their press release).
Many Republicans opposed the bill because it would allow new oil drilling only between 50 and 100 miles offshore.
He issued a regulation allowing joint ventures with the state oil company, and sent Congress an emergency bill of spending cuts.
Congress recently held a hearing about it, and the energy bill before lawmakers would step up oil shale development on federal land.
NPR: Industry Seeks to Extract Oil from Rocky Mountain Shale
The Fund will not open its wallet before Ecuador's Congress approves a fiscal-reform bill to make sure that the oil money is not squandered.
Just such an event seems to have occurred in May, with the passage of a bill to halt deliveries of crude oil to the Strategic Petroleum Reserve.
On the Senate's legislative calendar this week is a bill to repeal tax incentives for oil companies, punish companies for reaping "windfall profits" and subject the Organization for Petroleum Exporting Countries to U.S. anti-trust law.
"Imagine if tomorrow you could announce a new energy plan that would in one stroke cut your constituent's gasoline bill in half, reduce our oil imports, improve our air quality, enhance national security, strengthen the dollar, reduce greenhouse gas emissions and create tens of thousands of new jobs in the U.S, " McClendon said.
The bill aims to boost domestic production of oil and natural gas through tax breaks and other incentives.
Federal investigators have charged Stevens with failing to disclose how much help he received in enlarging his home from VECO, a local oil services company, and its chief executive, Bill Allen.
Inside the golden domed State House on Beacon Hill is an oil painting of Romney with a copy of a bill decorated in a medical symbol beside a portrait of his wife Ann.
Those gifts came from Bill Allen, the head of a major oil services company.
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