Energy Expert Says It's Time for Federal Boost
OKLAHOMA CITY (AP) -- At least one member of the Oklahoma Corporation Commission thinks it's time the federal government bailed out the energy industry.
"We are in desperate straits in terms of supplying the energy needs of American consumers right now," said Denise Bode, vice chair of the commission. "We are in tight supplies of natural gas in this country, and in terms of oil, we are heavily dependent on foreign imports."
Bode is a member of President Bush's national energy advisory committee and is a longtime promoter of a comprehensive energy policy for the United States. She served six years as president of the Independent Petroleum Association of American, an advocate for the nation's independent oil and natural gas producers.
The Republican blames the Clinton administration for what she believes is a messed-up industry. She said Clinton's cheap energy policies have put many domestic producers out of business in the last two years.
"We have failing infrastructure that we need to really, seriously examine in terms of pipelines, refineries and other things that help distribute oil and natural gas and process it," she said. "We haven't paid attention to those things."
Bode's solution would require cooperation from federal regulatory agencies and Congress, which is split almost evenly down party lines. …