A day before the House voted to end subsidies to the oil industry, Nancy Pelosi announced the formation of a committee on energy independence and global warming. The speaker set a deadline of July 4th for “a package of legislation to truly declare our energy independence.”


Reuters:

“I have asked the chairs of the relevant committees to hold hearings and pass legislation so that by the Fourth of July we can have a package of legislation to truly declare our energy independence,” Pelosi, a California Democrat, told reporters at a news conference.

She spoke as debate was under way on the House floor over a Democratic bill to end certain subsidies to the oil industry and use the money to promote new forms of energy.

Pelosi said she was forming “a select committee on energy independence and global warming. Its purpose will be to communicate with the American people on this important issue.”

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