US House of Representatives yesterday approved to lift a quarter-century
ban on offshore oil and gas drilling.
In the past 26 years, Congress has passed drilling bans on the Atlantic and
Pacific coasts each year because of environmental concerns and pressure from
some coastal states worried that drilling might hurt the tourism industry.
However, President George W. Bush has repeatedly urged Congress to lift
legislative restrictions on offshore oil drilling to help address rising fuel
costs.
Bush lifted an executive ban on offshore oil drilling in July. There are two
prohibitions on offshore drilling, one imposed by Congress and another by
executive order signed by former President George H. W. Bush in 1990.
Meanwhile, House passed a 25 billion dollars loan package for troubled
automakers as part of a 630 billion dollars plus spending bill to keep the
government running through March 2009.