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Archive for Thursday, September 25, 2008

House votes to end offshore drilling ban

September 25, 2008

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— The House, responding to growing public demand for more domestic energy, voted Wednesday to end a quarter-century ban on oil and natural gas drilling off the Atlantic and Pacific coasts, giving Republicans a major victory on energy policy.

An extension of the ban for another year was left off a $630 billion-plus stopgap government spending bill that President Bush had threatened to veto - possibly shutting down the government - if the anti-drilling measure were included.

The bill was approved 370-58 and now goes to the Senate, where it is likely to be approved within the next few days, also without the drilling ban.

The decision to avoid a fight with the White House over offshore drilling marks a major shift by Democrats on energy policy and a reflection that the GOP argument for more domestic energy production had found a support among voters this election year, even though coastal states long have worried that offshore drilling might cause spills, soil beaches and threaten their tourist businesses.

Republican presidential nominee John McCain has made expanded offshore drilling a central part of his campaign, arguing that access to an estimated 18 billion barrels of oil in the off-limits Outer Continental Shelf is essential if the country is to become more energy independent.

McCain's Democratic presidential rival, Barack Obama, also has endorsed limited expansion of offshore drilling, but only as part of a broader energy package that boosts use of alternative energy sources and increases efficiency.

Lifting the offshore ban does not itself mean drilling in the offshore waters is imminent. But it could set the stage for the Interior Department to offer leases in some Atlantic federal waters as early as 2011 under its current five-year offshore drilling plan.

House Speaker Nancy Pelosi said in a statement: "Unfortunately, the president's willingness to veto any sensible compromise on offshore drilling, which would have threatened to shut down the government and send a dangerous signal during these hard economic times and a financial crisis on Wall Street, led to the expiration of the current moratorium."

Comments

JackRipper 5 years, 6 months ago

madmike we got that in the 70's and it didn't end up working on finding a solution once oil was cheaper now did it. There is no desire to find alternatives, it's all about sustaining the status quo even when it is leading us to ruin.

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jumpin_catfish 5 years, 6 months ago

All the best drilling is done offshore!

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madmike 5 years, 6 months ago

SF, it is only a stop-gap answer. As T. Boone Pickens stated, it buys us time to develope other sources of energy. At any rate, we will always neep petroleum based products in this country. The more we can keep some of those oil dollars in the USA, the more we can spend on research on alternative fuels.

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sfjayhawk 5 years, 6 months ago

Can someone explain how this will help us end our addiction to dirty, unsustainable fossil fuels? Im also curious how much of a subsidy we will be giving Big Oil to drill for this. Pretty lame.

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jmadison 5 years, 6 months ago

Did the Congress actually vote to end the ban? If one can believe this story, it voted on another measure that omitted an extension of the ban. Congress did not directly vote to end the ban, but rather let it lapse. When the next President assumes office, this ban on drilling could be restored.

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SettingTheRecordStraight 5 years, 6 months ago

Now we need to capture the natural resources buried beneath the desolate, frozen tundra of ANWR.

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