Congress Offshore Drilling Bill Dims

Wednesday, October 25, 2006
According to Reuters, the U.S. House of Representatives will not accept legislation passed by the Senate that keeps most U.S. Atlantic and Pacific waters off-limits to energy exploration, a key U.S. Republican lawmaker. Comments by Rep. Joe Barton of Texas, chairman of the House Energy Committee, indicate dimming prospects that the energy legislation will pass Congress this year.

House Republicans will not concede to Senate lawmakers' calls to accept an offshore drilling bill that expands energy exploration only narrowly, he said. Barton's comments to reporters at the Independent Petroleum Association of America's annual meeting signal tough going for offshore drilling legislation once Congress returns for a short voting session after the Nov. 7 mid-term elections. If House and Senate negotiators can't reach a deal, the issue will be dead until Congress returns next year. The Senate has passed a bill to open 8.3 million acres in the Gulf of Mexico to oil and natural gas drilling, but related legislation passed by the House allows drilling in most U.S. Atlantic and Pacific waters where energy exploration is now banned. The two bills would have to be reconciled before they could be approved by Congress as a whole. Barton said the Senate bill is unsuitable because it merely restates the requirements of an upcoming 2007-2012 offshore leasing auction to be held by the U.S. Interior Department, which will proceed even without action by Congress. According to the report, a compromise offered to Senate negotiators that would allow states, particularly along the East Coast, to opt into drilling off their coastlines.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

SAFE Boats Delivers First CIV for Air and Marine Operations

SAFE Boats International (SBI), a manufacturer of aluminum boats located in Bremerton, Wash., has completed the first Coastal Interceptor Vessel (CIV) on contract from U.

Defense Appropriations Bill Includes $1 Bln for US Icebreaker

The U.S. Senate Appropriations Committee’s FY2017 Defense Appropriations Bill has included $1 billion in funding to accelerate construction of a new polar icebreaker for the U.

Offshore

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

Østensjø Rederi Orders Another Wind Farm Vessel

Rolls-Royce has signed a contract with shipyard Astilleros Gondan in Spain to design and equip a second Service Operation Vessel for ship owner Østensjø Rederi.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Port Authority Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0757 sec (13 req/sec)