House keys in on oil habit
By Caroline Moakley | January 22The U.S. House of Representatives took a step toward weaning the American public off oil Thursday as it passed the CLEAN Energy Act of 2007. The act eliminates $6 billion worth of oil-industry subsidies and adds a "conservation fee" to oil drilled in the Gulf of Mexico. Americans formerly paid these costs indirectly through taxpayer subsidies of the oil industry and environmental degradation. Now the "real" price of gasoline would be paid directly at the pump with every single fill-up.