Plans are underway for upcoming rallies to be held in Canton, Ohio, on September 7 and Farmington, N.M. and Joliet, Ill., on September 8. In the meantime, check out the video below from yesterday's kick-off rallies in Texas.

Thousands of America's energy workers attended the rallies in Houston, Port Arthur and Corpus Christi, and many expressed their sincere concern for America's energy future.

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More than 5,500 energy workers and private citizens packed the George R. Brown Convention Center as well as two venues in Port Arthur and Corpus Christi today to stand up for jobs and the economy.

With thousands of jobs threatened by the offshore drilling moratorium, proposals for higher energy taxes, and a faltering economic recovery, people whose jobs and livelihoods depend on the oil and natural gas industry came together to send a message to Congress and the administration: They will make their voices heard in Washington and at the ballot box.

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Why is the Environmental Protection Agency (EPA) in such a hurry to grant a waiver allowing E15 to be sold in the marketplace?

E15 is a fuel blend containing 15 percent ethanol and 85 percent gasoline. At present, only blends containing up to 10 percent ethanol are permitted, but ethanol producers are pushing for higher ethanol content. EPA has indicated it will make a decision on E15 this fall, despite the fact that scientific research on the fuel won't be completed until 2011.

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Thousands of people from all walks of life are expected to participate in rallies for jobs and the economy tomorrow, Sept. 1. They will gather at three venues in Houston, Port Arthur and Corpus Christi, Texas, where they will make their voices heard.

Some of the attendees are likely to be energy workers whose jobs are on the line due to the offshore drilling moratorium and the threat of higher energy taxes. But they won't be the only people who attend.

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In today's episode, I interview Stephen Comstock, API's tax policy manager, about proposals from Congress and the administration that could raise taxes on the oil and natural gas industry. If enacted, these taxes would have a negative impact on the U.S. economy and the industry.

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High seas have forced BP to postpone efforts to remove the containment cap on the Macondo well. The company says engineers are standing by, waiting to remove the cap and the battered blowout preventer (BOP) before replacing the BOP with one from the Deepwater Driller II. No oil is expected to be spilled during the operation.

In related news today:

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Last week, Grant Thornton LLP released a study--"The implications of the oil spill on deepwater exploration and production"--that outlines the impacts of new, proposed offshore drilling regulations. The analysis found that these regulations would likely increase costs for Gulf energy exploration and production (E&P) businesses and adversely impact the future of Gulf offshore drilling. 

The study states that "as a result of the oil spill, the future costs of drilling and operating in the Gulf will rise considerably" due to the following factors: 

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During the first Clinton presidential campaign, adviser James Carville reportedly placed a placard on the wall that said, "The economy, stupid." His point was clear. The key issue for voters that year was the economy.

This year the nation is facing a similar situation. The United States is struggling to overcome the worst recession since The Great Depression, and economists say the sputtering recovery is not producing new jobs. Some 15 million Americans are out of work.

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This week, the White House released a report on stimulus spending which, in part, highlights spending for renewable energy projects such as electric powered vehicles, improved battery technology and renewable energy technologies as examples of successful projects funded by the American Recovery and Reinvestment Act.

"The Recovery Act: Transforming the American Economy Through Innovation" claims that spending has put the United States "on track" to:

• Double domestic renewable energy generation capacity by 2012;
• Cut solar power costs in half by 2015; and
• Cut electric vehicle battery costs by half by 2013.

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Did you know that today's diesel-powered light-duty vehicles must meet the same stringent emission requirements as gasoline-powered models?

API helped those diesel vehicles meet the same air quality standards as gasoline vehicles in two ways. First, by producing Ultra-Low Sulfur Diesel (ULSD) fuel, which burns more cleanly than earlier forms of diesel fuel. And second, by developing a certification program for Diesel Exhaust Fluid (DEF). DEF is a liquid that is injected into the exhaust system of diesel vehicles from a container located under the hood in most cars.

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