Bush Pushes Energy Agenda at Va. Biodiesel Plant
resident Bush touted his energy plan during a visit a plant Monday near Richmond, Va., that makes biodiesel fuel from soybeans, news services reported.
he president said soaring fuel prices underscore the need for an energy strategy before the summer driving season picks up in earnest, the Associated Press reported.
Caterpillar Inc. officials also showed the president the technology it will use to meet stricter EPA standards set to take effect in 2007, the company said in a statement.
Thanks to high gasoline prices and a new tax credit, biodiesel is enjoying new popularity, especially with vehicle fleets, AP said. The president has urged Congress to finish work on an energy bill by the August recess.
The president has acknowledged while an energy bill won't be a cure-all to immediately cut pump prices, it could help lessen U.S. dependence on imported crude oil, AP said.