Saturday, May 7, 2011

House Passes Offshore Energy Bill to Combat Soaring Gas Prices

"By a vote of 266-149, the Republican-led House of Representatives just passed the Restarting American Offshore Leasing Now Act (H.R. 1230). This is American Energy Initiative legislation that will help address soaring gas prices and create new jobs by increasing offshore energy production.

H.R. 1230 is the most recent bill in the American Energy Initiative, and it requires the Secretary of the Interior to move forward and conduct offshore energy lease sales in the Gulf of Mexico and Virginia that have been delayed or canceled by the Obama Administration. This is critical with gas prices rapidly reaching $4 throughout much of the country."

[John Boehner] 

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