Democrats allow offshore drilling
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Offshore Drilling: Government's own report predicts a "two tenths of one cent" price reduction after 18 years of drilling. That's $0.002!
We tried offshore drilling and oil prices doubled
House Democrats will allow offshore drilling ban to expire
From Deirdre Walsh
CNN Congressional Producer
WASHINGTON (CNN) -- After months of high-pitched battles with Republicans over the issue of offshore drilling, House Democrats have given in and decided to allow a 26-year ban on drilling to expire at the end of the month.
House Appropriations Committee Chairman David Obey, D-Wisconsin, told reporters Tuesday that a massive $600 billion stopgap funding bill slated for a House vote on Wednesday will not include any language on drilling, effectively lifting the ban on October 1.
Democrats pushed to add a proposal passed in the House of Representatives last week to open up areas at least 50 miles offshore to drilling if states agree, but the White House objected.
--MORE--
Offshore Drilling: Government's own report predicts a "two tenths of one cent" price reduction after 18 years of drilling. That's $0.002!
We tried offshore drilling and oil prices doubled
House Democrats will allow offshore drilling ban to expire
- Story Highlights
- Ban on offshore oil drilling expires on October 1
- Democrats will not include extension in $600 billion spending bill
- Republicans had targeted drilling ban on campaign trail
- Democrats crafting a second stimulus package
From Deirdre Walsh
CNN Congressional Producer
WASHINGTON (CNN) -- After months of high-pitched battles with Republicans over the issue of offshore drilling, House Democrats have given in and decided to allow a 26-year ban on drilling to expire at the end of the month.
House Appropriations Committee Chairman David Obey, D-Wisconsin, told reporters Tuesday that a massive $600 billion stopgap funding bill slated for a House vote on Wednesday will not include any language on drilling, effectively lifting the ban on October 1.
Democrats pushed to add a proposal passed in the House of Representatives last week to open up areas at least 50 miles offshore to drilling if states agree, but the White House objected.
--MORE--