Results 1 to 1 of 1

Threaded View

  1. #1 "Looks like Dirty Harry Is Feeling The Heat .He Sends Little Dickie Durbin Out Front 
    An Adversary of Linda #'s
    Join Date
    Aug 2005
    Posts
    22,891
    Top Democrat may back new offshore drilling:


    A top U.S. Democratic senator said in a newspaper interview published Wednesday that he would consider supporting opening up new areas for offshore oil and gas drilling.

    "I'm open to drilling and responsible production," Senate Majority Whip Richard Durbin told The Wall Street Journal, adding that Senate Majority Leader Harry Reid could also support the move.

    However, Durbin said his support for opening new areas to drilling was contingent on setting requirements that oil and gas companies begin production within a specified time frame on acreage they have leased from the government.

    The spike in oil prices to record highs above $145 per barrel has prompted calls for the U.S. government to allow energy producers to explore for oil and gas off the East and West Coasts and in the eastern region of the Gulf of Mexico. Those areas are currently off limits to exploration.

    Republicans say their efforts to open up new regions for exploration have been stymied by Democrats.

    Democrats say energy companies are producing oil and gas from only about a quarter of the 91.5 million acres currently leased from the government.

    http://www.reuters.com/articlePrint?...30217120080709
    Last edited by megimoo; 07-09-2008 at 08:49 PM.
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •