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THE WHITE HOUSE

Office of the Press Secretary


For Immediate Release March 18, 2000
                    THE CLINTON/GORE ADMINISTRATION:                     
         TAKING ACTION TO STRENGTHEN AMERICA'S ENERGY SECURITY          
                             MARCH 18, 2000                              

President Clinton today proposed new steps to strengthen the sound, comprehensive energy strategy that has helped keep the U.S. economy robust. The President called for the creation of a regional home heating oil reserve and reauthorization of the Strategic Petroleum Reserve. He also called for enactment of a tax package that will help ensure the productive capacity of the domestic oil industry and that must include measures to promote greater energy efficiency and renewable energy -- measures which Congress has failed to act on twice before. These steps will enhance America's energy security, create jobs, protect the environment, and produce long-term savings for consumers.

PRESIDENT CLINTON AND VICE PRESIDENT GORE'S PLAN TO STRENGTHEN AMERICA'S ENERGY SECURITY INCLUDES:

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