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API: House energy bill a “dry hole” for U.S. consumers

WASHINGTON, September 19, 2008 - API has issued the following statement on the House energy bill under discussion today:  “The House energy bill is a dry hole for American consumers. The bill does little to increase U.S. oil and natural gas supplies and, in fact, may well result in less domestic production, which would make America more dependent on foreign energy.

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