Posted - May 16, 2013 at 7:51 AM - UPI.com
WASHINGTON, (UPI) -- A bill that
lifts a moratorium on drilling along the U.S-Mexico maritime border has
been advanced, the House Natural Resources Committee said.
The Republican-controlled committee advanced an Outer Continental
Shelf transboundary agreement on a 25-16 vote, largely along party
lines.
The measure, if passed, would give energy companies access to as much
as 172 million barrels of oil and 304 billion cubic feet of natural
gas.
"This is a common sense approach to work with our partners south of
the border to make both countries more energy secure, while protecting
our sovereignty," U.S. Rep. Jeff Duncan, S.C., who introduced the bill,
said in a statement.
Sierra Club representative Athan Manuel told the committee last month
that more drilling in the Gulf of Mexico isn't needed because energy
companies have enough work on their hands.
U.S. Rep. Ed Markey,
D-Mass, ranking member on the committee, published a report last week
that said safety concerns were a factor to consider more than two years
after the BP spill in the Gulf of Mexico.
Republican leaders in the House of Representatives have, in general,
pressed for fewer restrictions on domestic oil and natural gas
exploration.
A U.S.-Mexico agreement signed last year called for a joint
inspection team to ensure compliance with applicable safety and
environmental laws in the maritime area.
Post to be found at:
http://www.upi.com/Business_News/Energy-Resources/2013/05/16/US-Mexico-border-oil-plan-clears-House/UPI-25481368705084/
Friday, May 17, 2013
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