US politicians determined to lift o ffshore ban

July 2007
ICIS Chemical Business;7/2/2007, Vol. 2 Issue 73, p12
Trade Publication
The article reports that a bipartisan U.S. congressional group has launched a daring bid to end the quarter-century ban to offshore energy development by linking natural gas to renewable energy. It has called on environmentalists to help end the drilling ban. Democrats are seeking to repeal tax incentives, raise permitting fees and increase permitting periods for oil and gas development, instead of funding renewable energy.


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