Friday, July 27, 2012

House GOP rejects Obama plan for offshore drilling

WASHINGTON (AP) ? In an election-year swipe at President Barack Obama's energy policies, the Republican-led House has voted to revoke the president's five-year plan for offshore drilling, replacing it with its own plan calling for more ambitious oil and gas development off the U.S. coast.

The legislation will likely go nowhere in the Senate and the White House has issued a veto threat, but as with the tax and regulatory bills the House is also taking up this month, it puts lawmakers on the record on the issues that divide the two parties.

Republican Doc Hastings of Washington state, who chairs the Natural Resources Committee, said the bill offers lawmakers a choice between Obama's restrictive plan and the far more expansive Republican version which opens up drilling along the Atlantic and California coasts.

Source: http://news.yahoo.com/house-gop-rejects-obama-plan-offshore-drilling-190605797.html

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