#1 Offshore Drilling,(NO COMPROMISE! 16 DAYS AND THE CURRENT BAN EXPIRES)
09-14-2008, 12:59 PM
- Join Date
- Aug 2005
Offshore Drilling Is Coming to a Vote (NO COMPROMISE! 16 DAYS AND THE CURRENT BAN EXPIRES)
"Lets which Lberal Critter has the b*lls to re_vote for the ban ?
"I hope they say no Drilling and Go Down In Flames at Election time along with their candidate from Kenya !"
Congressional Democrats, balancing political reality against a policy they have long opposed, are on the cusp of approving legislation that would open the Atlantic and Pacific oceans to oil drilling as close as 50 miles offshore.
With votes scheduled this week in the House and Senate, Democrats have essentially given up defending the current ban on drilling within 200 miles offshore along both coasts. Instead, led by House Speaker Nancy Pelosi (D-Calif.), they are offering a mix of proposals that would allow drilling, with the waters off Massachusetts, Virginia and Georgia most likely to be the first affected.
Environmentalists and industry analysts disagree over the impact the various legislative proposals would have on oil production, with industry experts contending that the most precious reserves still would be off-limits. But both sides agree that -- because of the politics of $4-a-gallon gasoline this summer and a pending legislative deadline -- the nearly 40-year drilling ban is in jeopardy.
"It's in deep, deep trouble. I won't pronounce it dead, but it's in deep trouble," said Warner Chabot, a vice president of the Ocean Conservancy, an environmental group opposed to drilling. snip
Pelosi had previously suggested opening only portions of the southeastern Atlantic coast and some of the eastern Gulf of Mexico to drilling, but ultimately offered to allow drilling off both coastlines.
The eastern gulf off Florida's west coast would remain off-limits.
"Let's Save It For China, Pelosi!"
Under the Pelosi bill, scheduled for a vote Tuesday, the federal government would not share royalties with the states, devoting the money instead toward federal funding for renewable energy resources. Taxes on oil companies would be increased, with that revenue also going to alternative energy sources.
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