2) The fate of the bill lies with Senate Majority Leader Harry Reid, D-Nev. (The Hill). He will meet this week with committee chairs who have jurisdiction over energy (Politico).

3) EPA regulation of greenhouse gas emissions would take center stage in Congress and the courts if a bill passes this summer with no price on carbon (Politico).

4) President Obama's oil spill commission begins its work this week, with two hearings scheduled in New Orleans. It still doesn't have subpoena power or a budget of its own, and some of its staff positions are still open (Washington Post).

5) BP is considering selling its stake in Alaskan oil fields (New York Times). Apache and Exxon Mobil are rumored as possible buyers (Bloomberg).

2) If the two relief wells being drilled don't stop the leak in the gulf, BP may transfer the oil to other wells nearby. It's an easy process but not quick, according to one expert (AP). BP has a lot of complicated tasks to do before the relief wells are finished (Washington Post).

3) Attorney General Eric Holder said Thursday that the Justice Department's investigation into the oil spill is focusing on more companies and individuals than just BP and its employees (CNN). If criminal neglect is found on the part of BP, CEO Tony Hayward may lose his job after all (The Guardian).

4) Manufacturing and business groups, along with the state of Texas, are challenging EPA's new emissions standards for cars and light-duty trucks (Greenwire -- subscription).

5) There seems to be a growing consensus that the Senate will move forward with an energy-only bill and that a renewable electricity standard will be the core of it (Politico).

2) The Congressional Budget Office's analysis of climate legislation sponsored by Sens. John Kerry, D-Mass., and Joe Lieberman, I/D-Conn., found that the bill would reduce the deficit by $19 billion over 10 years (Politico). Meanwhile, manufacturing groups say an EPA cost analysis fails to properly consider their industries (The Hill).

3) The Energy Department is coming up short on energy efficiency, according to an internal audit released Wednesday (New York Times).

4) BP is aiming to complete a relief well by late July, weeks ahead of schedule (Wall Street Journal). Meanwhile, BP CEO Tony Hayward is working to maintain ties with the company's other foreign partners, including Russia and the United Arab Emirates (Washington Post).

5) Climate scientists who had been accused of manipulating global warming data were cleared of those charges by a British panel on Wednesday. But the independent commission also rebuked the scientists for their behavior and the way they interpreted data (New York Times).

2) The administration is hearing growing concerns from lawmakers who don't want it to approve a proposed pipeline that would bring Canadian oil to the U.S. (New York Times).

3) EPA on Tuesday announced new regulations aimed at cutting power plant emissions that cross state lines (CongressDaily -- subscription). Industry sources may push Congress to override these EPA regulations and others in its climate and energy legislation (Politico). The new rules may cause companies to shut down some coal power plants (Bloomberg).

4) Nearly 100 members of Congress sent a letter to Energy Secretary Steven Chu on Tuesday urging him to not abandon the nuclear waste repository site at Yucca Mountain (Las Vegas Review-Journal).

5) The administration will be pushing clean energy initiatives this week, but it likely won't be making any announcements about President Obama's preference for a climate and energy bill (Politico).

2) Since the beginning of its oil spill cleanup efforts in the Gulf of Mexico, "BP has skimmed or burned about 60 percent of the amount it promised regulators it could remove in a single day" (Washington Post). The oil spill has cost the company more than $3 billion so far (The Hill).

3) The federal Fish and Wildlife Service signed off on the Minerals Management Service's finding that deepwater drilling in the gulf "posed no significant risk to wildlife" (New York Times). Oil has now been found on all five gulf states' coasts (AP).

4) The House last week approved $18 billion in loan guarantees for nuclear, renewable and energy efficiency projects (Energy Daily -- subscription).

5) American Values Network, Operation Free and Clean Energy Works are running ads in support of comprehensive energy and climate legislation. The Democratic National Committee is running ads on House Republican Joe Barton's apology to BP. And the American Petroleum Institute is running ads against new taxes and fees oil companies could face if offshore drilling legislation passes (Politico).

2) Climate and energy legislation appears to be in "no man's land" as senators leave for the Independence Day recess (Politico). One problem is that moderate senators whose votes are essential for passage favor a variety of options, leaving no bill with enough support (CongressDailyAM -- subscription).

3) The Obama administration will issue a new moratorium on deepwater drilling in the Gulf of Mexico in the next few days (The Hill). If the moratorium is extended, the International Energy Agency's top chief says oil rigs idled in the gulf should move elsewhere (Reuters). Meanwhile, a Spanish oil company has plans to drill off Cuba, about 60 miles from Florida's coast (Wall Street Journal).

4) BP could reap nearly $600 million in federal tax credits this year for blending gasoline with corn ethanol (CongressDailyAM -- subscription).

5) The Coast Guard and EPA ramped up their oversight of BP's trash disposal related to the cleanup efforts in the gulf. The disaster has generated almost 4,000 tons of solid waste so far (AP).

2) Hopes for climate and energy legislation may hinge on bills written by Senate Energy and Natural Resources Chairman Jeff Bingaman, D-N.M., namely the energy-only bill passed out of his committee last year; the utilities cap he is working on now; and oil spill legislation he sponsored with committee ranking member Lisa Murkowski of Alaska (Politico).

3) The Senate ENR panel on Wednesday passed Bingaman's oil spill bill, which reforms offshore drilling regulations (CongressDailyAM -- subscription). One amendment creates a bipartisan oil spill commission that would "effectively compete" with the one President Obama has created (The Hill). The Senate Environment and Public Works Committee approved legislation that removes the liability limit for oil spills (Wall Street Journal -- subscription).

4) The Gulf of Mexico oil spill could boost the ethanol industry's role in U.S. energy policy (Los Angeles Times).

5) EPA said in a report Wednesday that the chemical dispersant being used in the gulf to break up the oil -- and seven alternatives -- are all "practically non-toxic" or "slightly toxic" (Los Angeles Times).

2) A bill with a utilities-only carbon pricing system could have just as hard a time drawing 60 votes as energy-only legislation (Washington Post). Some experts say Sen. Jeff Bingaman, D-N.D., would be better than Kerry in moving a utilities-only bill (CongressDailyAM -- subscription).

3) The administration continues to push immigration and energy and climate legislation simultaneously (Roll Call -- subscription).

4) The Nuclear Regulatory Commission's board ruled Tuesday that Congress must approve the Obama administration's plan to withdraw its application for a nuclear waste license at Yucca Mountain in Nevada (Las Vegas Review-Journal).

5) Gulf Coast lawmakers are facing harsh realities of how the oil spill is affecting their constituents (The Hill). Meanwhile, lawmakers all over the country and in both parties are seeking to use the oil spill to their advantage in elections (New York Times).

Sen. Lindsey Graham, R-S.C., was invited, but he said Monday he will not attend because it conflicts with the Armed Services Committee hearing confirming Gen. David Petraeus as the top U.S. military commander in Afghanistan. Sen. Susan Collins, R-Maine, who is also a member of the Armed Services Committee, will attend the meeting with Obama, her spokesman said.

A spokesperson for Sen. George LeMieux, R-Fla., said he will also try to make it even though he plans on attending the Petraeus hearing as well. He was not listed on the White House's roster, but his office said he was invited.

The official list: Senate Majority Leader Harry Reid, D-Nev., Sens. Lamar Alexander, R-Tenn., Max Baucus, D-Mont., Mark Begich, D-Alaska, Jeff Bingaman, D-N.M., Barbara Boxer, D-Calif., Sherrod Brown, D-Ohio, Maria Cantwell, D-Wash., Tom Carper, D-Del., Susan Collins, R-Maine, Byron Dorgan, D-N.D., Judd Gregg, R-N.H., John Kerry, D-Mass., Joe Lieberman, I/D-Conn., Blanche Lincoln, D-Ark., Richard Lugar, R-Ind., Jeff Merkley, D-Ore., Lisa Murkowski, R-Alaska, Bill Nelson, D-Fla., Jay Rockefeller, D-W.Va., Olympia Snowe, R-Maine, Debbie Stabenow, D-Mich., George Voinovich, R-Ohio

2) Administration officials say that President Obama's meeting today with 23 senators will focus on the "vehicle" for a bill and who will take the lead (Politico). Graham won't be going (The Hill).

3) Sens. Maria Cantwell, D-Wash., and Susan Collins, R-Maine, will have a chance to push their "cap-and-dividend" bill at the meeting (CongressDailyAM -- subscription).

4) Top Democrats on the House Energy and Commerce Committee sent a letter to major oil companies Monday asking for more information about their oil spill response plans (CongressDailyAM -- subscription).

5) BP will continue to send oil to other platforms if the relief wells it's drilling don't work (Bloomberg Businessweek). Tropical Storm Alex may delay the efforts to plug the leak by a week (Wall Street Journal).

Senate Majority Leader Harry Reid and his colleagues who stood with him following a caucus meeting (subscription) on the issue last week were optimistic and focused on the message that the Gulf of Mexico oil spill makes clean energy legislation necessary. But many skeptical Democrats, including Sens. Jay Rockefeller of West Virginia and Blanche Lincoln of Arkansas, did not attend. Sen. Thomas Carper, D-Del., estimated one-third of the caucus was not there.

As a result, Tuesday's meeting is all the more critical given the dwindling legislative calendar.

2) Lawmakers could strengthen a climate and energy bill when the legislation goes to conference, bringing an economy-wide cap-and-trade bill back into play (Environment & Energy Daily -- subscription).

3) Interior Secretary Ken Salazar is expected to issue a new deepwater drilling moratorium for the gulf this week and seek more funding from Congress to ramp up the department's inspection and enforcement activities (CongressDailyAM -- subscription).

4) Senate and House committees have one more week to hash out oil spill legislation before the July 4 recess, a deadline imposed by leadership in both chambers (Environment & Energy Daily -- subscription).

5) The gulf spill is creating repercussions for BP's trading unit on Wall Street (New York Times). The spill has cost the oil giant $2.65 billion so far (Bloomberg Businessweek).

"There's going to be an energy tax package that I assume would accompany whatever we do by way of authorizing legislation," said the New Mexico Democrat, who chairs the Energy and Commerce Committee. It would be written in the Finance Committee and isn't part of the bill at this point, Bingaman's spokesman said.

One source of revenue that is in the bill -- for the time being -- is an expanded offshore drilling title that the Congressional Budget Office estimates would bring in $1.3 billion. It's the bill's largest source of revenue. But given the Gulf of Mexico oil spill, Bingaman and other Democrats have indicated it may be taken out.

The biggest expense in the legislation comes from the Clean Energy Deployment Administration, which would provide nearly $10 billion to finance private-sector development of clean energy projects. And that has already been slashed by $3 billion since the bill's original draft.

A CongressDaily story (subscription) published Thursday examines the revenue-generating capabilities of energy-only bills.

2) Democrats may create a group of 10 to hash out a plan, like they did on health care reform (Environment & Energy Daily -- subscription).

3) Interior Secretary Ken Salazar will soon ask Congress to fund a more than fivefold increase in the number of inspectors enforcing offshore drilling rules (CongressDaily -- subscription).

4) The federal judge who struck down the administration's deepwater drilling ban earlier this week has rejected the administration's request to delay that decision (New York Times).

5) Oil spill cleanup technology has not advanced much since the Exxon Valdez spill in 1989 (New York Times). Meanwhile, there is a 60 percent chance that the first tropical storm of the Atlantic hurricane season could enter the gulf and hinder cleanup efforts this weekend (Bloomberg News).

The West Virginia Democrat's discussion draft updates a plan he first introduced last September to change federal energy resources law, in part by codifying the Obama administration's effort to break up the Minerals Management Service into three bureaus and separate federal safety and environmental enforcement from project approval and revenue collection on offshore oil and gas drilling. But Rahall's plan goes further by including onshore drilling.

Rahall's draft also expands the deadline for federal review of offshore oil and gas drilling projects from 30 days to 90 days, an idea also embraced in newly introduced legislation from Senate Energy and Natural Resources Chairman Jeff Bingaman, D-N.M., and ranking member Lisa Murkowski, R-Alaska, as well as the White House.