TITLE

Drilling bill would direct royalties to environmental cleanup efforts

AUTHOR(S)
Snyder, Jim
PUB. DATE
June 2007
SOURCE
Hill;6/20/2007, Vol. 14 Issue 74, p18
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The article reports on the debate between lawmakers from Florida and California and the proponents of a bill that will open up the Outer Continental Shelf (OCS) to oil and gas drilling in both states. It is stated that both parties argue on the advantage and disadvantage of the bill that will remove administrative drilling bans. The lawmakers states that the new rigs will harm the tourism industries, while the proponents believe that the bill could generate $400 billion in drilling royalties.
ACCESSION #
25581484

 

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