Pelosi: Case Needed for Offshore Drilling

Monday, August 25, 2008

House Speaker Nancy Pelosi said that expanded oil drilling in federal waters could be included in a broader energy bill if advocates can prove its effectiveness as a solution to 's energy problems.
In a television interview yesterday, Pelosi said the oil industry and its allies in Congress also would have to agree to pay royalties on oil profits to fund the development of renewable energy resources.
The California Democrat, has previously expressed outright opposition to expanded offshore drilling. Yesterday she said offshore drilling should be discussed but she does not believe it is a workable solution in the short run.

Source:  AP


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