Ways to Conserve Energy and Lower Bills

This week, the president called for Congress to make policy changes that could open up offshore U.S. coastal areas for oil exploration. The plan, which would end the federal ban on offshore oil drilling on the Pacific and Atlantic coasts and some parts of the eastern Gulf of Mexico and also allow individual states more control over nearby drilling, is supported by Republican presidential candidate John McCain. In several speeches this week, McCain discussed his potential energy policy, which calls for increased energy production, including more nuclear plants. But whatever happened to energy conservation?

Plus: Is "miles per gallon" the wrong way to think about energy usage? A new paper published this week in the journal Science says that mpg may be misleading and that "gallons per trip" may be a better way to consider energy efficiency. Julia Bovey, media director for the Natural Resources Defense Council; David Rodgers, deputy assistant secretary for energy efficiency at the U.S. Department of Energy; and Richard Larrick, associate professor of management at Duke University's Fuqua School of Business discuss what we can do to cut energy use at home and on the road.

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