Panel: U.S. Must Diversify Oil Supplies

Commission also urges mandatory limits on the amount of greenhouse gas emissions linked to global warming that can be spewed by power plants, oil refineries and other industrial facilities...

Published: 09-Dec-2004

WASHINGTON (Reuters) - The United States must diversify its global oil supplies, expand a world network of strategic petroleum reserves and raise fuel efficiency standards to ensure its energy security, a panel of experts will recommend on Wednesday.

These are some of the findings from the National Commission on Energy Policy, a bipartisan group of energy experts, company executives and government officials, that will be released in Washington to attack major long-term U.S. energy challenges.

The recommendations could be used by U.S. lawmakers in the new Congress next year who will try to approve a bill to overhaul U.S. energy policy.

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