Bipartisan group unveils energy compromise bill

WASHINGTON (Reuters) – A bipartisan group of U.S. lawmakers unveiled legislation on Friday aimed at forging a compromise between Democrats and Republicans deadlocked in the Senate over energy issues.

The legislation focuses on moving Americans to alternative energy, conservation, and increasing domestic oil production.

Opening up more areas for oil production has been a major stumbling block in negotiations to pass energy legislation in Congress.

Republicans support lifting bans on drilling in restricted areas, while Democrats want oil companies to use land already available and favor selling oil from the Strategic Petroleum Reserve.

Calling themselves the “Gang of 10,” the Senators are trying to bridge that divide.

Reuters UK