This legislation would automatically open the Coastal Plain of the Arctic National Wildlife Refuge in northern Alaska if the world price of oil tops $125 a barrel for 5 days. In return, it allocates all the Federal revenues that would come from that oil to both alternative energy development and to provide programs to help improve energy efficiencies to those in need.
On the recordMarch 31, 2008
Source
govinfo.govEditor's note · Context
Discussing the American Energy Independence and Security Act of 2008 and its provisions.
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