WASHINGTON (AP) -- The House has restarted a summerlong debate on expanding oil drilling in Atlantic and Pacific waters that would end a longtime moratorium.
The legislation is expected to be voted on later Tuesday. It would allow drilling 50 miles beyond shore if a state agrees to offshore oil or gas development. Republicans slammed the measure, saying that it would keep off limits nearly 90 percent of offshore oil because it lies within 50 miles of land.
The bill also calls for $18 billion in taxes on the largest oil companies, with the money to be used for tax breaks for alternative energy such as solar, wind and biomass. Democrats called it a balanced bill aimed at shifting priorities from fossil fuels to other energy sources.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.