Tuesday, June 21, 2005

Senate Approves Offshore Drilling Inventory

The Senate, worried about energy prices, has retained language promoting an offshore oil and gas inventory in a bill today, defeating a bipartisan effort by coastal state senators to remove the language, 52-44. The measure is seen as a first step to renewing offshore drilling in the U.S.

Update: The Mad Oilman is quite correct. The change is that this affects California, Florida, and other states that have traditionally been against offshore oil drilling.