NEW YORK (Reuters) - A U.S. congressional proposal to build a government-run refinery is a bad idea, U.S. Energy Secretary Sam Bodman said on Tuesday.
"That does not strike me as a particularly good idea. I look on that with a jaundiced eye," Bodman told Reuters at the Reuters Global Energy Summit in New York.
Congressional Republican leaders are aiming to pass a new round of energy legislation designed to encourage the construction of new refineries. Pending proposals would also boost domestic supplies including the opening of the Arctic National Wildlife Refuge, and federal offshore drilling. But an effort to expand access to federal waters outside of most of the Gulf of Mexico and Alaska recently failed.
© Thomson Reuters 2008. All rights reserved.
| Global Environment | Oct 06 - 8, 2008 | Energy |
| Autos II | Sep 30 - Oct 01, 2008 | Hotels/Casinos |
| Restructuring | Sep 22 - 26, 2008 | Financial Services/Exchanges |
| Autos | Sep 15 - 17, 2008 | Autos |
| Russia Investment | Sep 08 - 9, 2008 | Country Summits |
