Democrats to Let Offshore Drilling Ban Expire, Conceding Defeat in Battle With GOP

WASHINGTON — Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer. House Appropriations Committee Chairman David Obey, D-Wis., told reporters Tuesday that a provision continuing the moratorium will be dropped this year from a stopgap spending bill to keep the government running after Congress recesses for the election. Republicans have made lifting the ban a key campaign issue after gasoline prices spiked this summer and...
Read More... [Source: Latest Articles - Posted by FreeAutoBlogger]