Tuesday, August 01, 2006

Drilling for oil

Story: " The Senate cleared the way Monday for legislation that would open 8.3 million protected acres in the Gulf of Mexico to oil and gas drilling.

Senators voted 72-23 to limit debate, assuring a final vote on the bill later this week before senators depart for the summer recess. The bill's supporters said they have the majority needed to push it through.

But a battle loomed with the House, which has approved a bill that would allow drilling far beyond the limited acreage in the central Gulf of Mexico. Negotiations to reconcile the two measures won't begin until September.

The House would lift a quarter-century moratorium that has kept 85 percent of the nation's coastal waters off-limits to energy companies from New England to Alaska."

This is good news. It could be better, i.e., the entire Moritorium is repealed, but we've got to start somewhere, and the Gulf of Mexico is a great place to start.
Oil independance would be a wonderful thing.

3 comments:

~*Joyzey*~ said...

Yes it would. And I'm so glad that I remember all the debates on it two years ago.

Mercy Now said...

That's good news. Funny how people, voters and politicians, change their minds when it affects their pockets.

RobertDWood said...

NCFCA: Resolved: That the united states should change its energy policy to substancially reduce its dependance on forign oil.

I loved that resolution. The OCS was Durandal and I's case.

Hey, money is the most powerful man made force in the world. If it hits you in the wallet, your going to feel it.
And greed can be a powerful ally.