Dems want higher fuel standards

As Congress watches the price of oil edge toward $100 a barrel, it will consider a bill that could raise vehicle fuel-economy standards for the first time in 20 years and increase taxes on oil companies that have reaped billions in profits.

House and Senate lawmakers plan to work over the weekend drafting energy legislation that would also likely require oil companies to put billions of gallons of renewable fuel sources, such as ethanol, into gasoline.