Offshore Oil Drilling to Get Another Look in Congress
WASHINGTON (Fox News) — With oil and gas prices reaching record highs and little relief in sight, Republican members of Congress are looking at a long-sought, but so far unsuccessful plan to open American shores up to more petroleum exploration.
Rep. John Peterson, R-Pa. is leading the charge Wednesday, when he'll push for an amendment to a spending bill that would open up U.S. waters between 50 and 200 miles off shore for drilling. The first 50 miles off shore would be left alone.
"For 27 years, Congress has deliberately locked up vast offshore oil and natural gas reserves," Peterson said, according to USA Today. "With the price at the pump increasing daily — with no end in sight — and the cost of natural gas trading at record levels, Congress needs to unlock these reserves."
Rep. John Peterson, R-Pa. is leading the charge Wednesday, when he'll push for an amendment to a spending bill that would open up U.S. waters between 50 and 200 miles off shore for drilling. The first 50 miles off shore would be left alone.
"For 27 years, Congress has deliberately locked up vast offshore oil and natural gas reserves," Peterson said, according to USA Today. "With the price at the pump increasing daily — with no end in sight — and the cost of natural gas trading at record levels, Congress needs to unlock these reserves."
0 Comments:
Post a Comment
<< Home