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U.S. energy plans released

In a speech at Georgetown University last week, President Obama highlighted his new energy plan, \Blueprint for A Secure Energy Future," that aims to reduce foreign oil imports by a third over the next decade through increased domestic drilling, new government incentives for production of biofuels and natural-gas vehicles, stronger energy efficiency standards, increased energy R&D, and higher vehicle fuel-economy standards.

Also last week, House Natural Resources Committee Chairman Doc Hastings (R-WA) introduced a Republican energy bill entitled "Reversing President Obama's Offshore Moratorium Act\" that would lift the President's ban on new offshore drilling. 

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