Oil Company Chief: Bush Plans 'Doable' ; Congress Urged to Back Energy Initiatives

Summary

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President Bush's energy initiatives on gasoline conservation and alternative-energy development to reduce U.S. dependency on foreign sources are on the money, says the founder of one of the nation's largest independent oil and gas exploration and production companies.

It's questionable, however, whether plans outlined by Bush in Tuesday's State of the Union address can be accomplished, Raymond Plank, chairman of Houston-based Apache Corp., said Wednesday. The World War II bomber pilot was at Colorado College to talk about energy challenges.

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Oil Company Chief: Bush Plans 'Doable' ; Congress Urged to Back Energy Initiatives

"The president has big goals. They're doable, but they won't be achieved unless Congress can collaborate...

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