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Page added on September 16, 2008

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House passes bill allowing offshore drilling

WASHINGTON (Reuters) – The U.S. House of Representatives passed legislation Tuesday that lifts a longstanding ban on offshore oil drilling, opening most of the U.S. coastline to exploration.

The package proposed by Democrats would give states the option to allow drilling between 50 and 100 miles (80 and 160 km) off their shores. Areas more than 100 miles from the coast would be completely open to oil exploration and drilling.

The House voted 236 to 189 in favor of the package.

Until recently, Democratic leaders in Congress strongly opposed lifting the moratorium on offshore drilling, saying drilling would have only a small impact on gasoline prices in the immediate future.

But as gasoline prices rose to levels above $4 a gallon this summer, public opinion shifted in favor of offshore drilling. Republicans made removing the ban on drilling a key campaign issue for their party in this election year.

Reuters



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