Who says Republicans aren’t in bed with big oil?

Senate passes energy bill, boosting mileage standards

The Senate legislation calls on automakers to improve gas mileage for consumers, including drivers like Jim Rohrer of Tucker, Georgia.

WASHINGTON (AP) – The Senate passed an energy bill late Thursday that includes an increase in automobile fuel economy, new laws against energy price-gouging and a requirement for huge increases in the production of ethanol.

In an eleventh-hour compromise fashioned after two days of closed-door meetings, an agreement was reached to increase average fuel economy by 40 percent to 35 miles per gallon for cars, SUVs and pickup trucks by 2020.

But the fuel economy issue threatened to topple the legislation up to the last minute. Majority Leader Harry Reid held off the vote until late into the evening so several senators could be called back to Capitol Hill to provide the 60-vote margin needed to overcome a threatened filibuster from pro-auto industry senators.

Shortly before midnight, senators voted 62-32 to cut off debate, and followed by passing the bill 65-27. The measure now awaits action by the House, which is expected to take it up next week. But attempts to combine the two bills and send legislation to President Bush probably won’t be possible until later this year.

It would be the first increase in vehicle fuel efficiency since the current 22.7 mpg for cars was put in place in 1989 and the first time Congress has imposed a new auto efficiency mandate in 32 years.
[...]

The legislation also calls for:

• Price gouging provisions that make it unlawful to charge an “unconscionably excessive” price for oil products including gasoline and give the federal government new authority to investigate oil industry market manipulation.

• New appliance and lighting efficiency standards and a requirement that the federal government accelerate use of more efficient lighting in public buildings.

• Grants, loan guarantees and other assistance to promote research into fuel efficient vehicles, including hybrids, advanced diesel and battery technologies. percent ethanol or biodiesel fuels.

More at CNN.com