June 29, 2013

More faster please - offshore oil exploration

From Bloomberg:
U.S. House Backs Bill to Expand Coastal Oil, Gas Drilling
Oil and gas exploration off U.S. coasts would be expanded under legislation the U.S. House of Representatives passed over the threat of a presidential veto.

The vote on the bill, H.R. 2231, was 235-186.

The measure would require the Obama administration to conduct additional sales of oil and gas leases off the coasts of Virginia, South Carolina, southern California and Alaska over the next five years, reports Bloomberg BNA.
And of course:
The White House Office of Management and Budget issued a June 25 statement of administration policy warning of a potential veto. The measure �would undermine the targeted, science-based and regionally tailored development strategy that the American people and the states have helped development,� according to that statement.
Why doesn't our government just stand back and let Americans get back to work. Stop meddling! Posted by DaveH at June 29, 2013 2:32 PM
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