Proposed Bill Would Loosen Ocean Drilling Restrictions – Eos


Proposed Bill Would Loosen Ocean Drilling Restrictions – Eos

Congress set its sights last week on legislation to loosen restrictions on oil and gas development in the U.S. outer continental shelf (OCS), a move that Republicans and industry representatives at an 11 October hearing said would help meet continued demand for fossil fuels, bolster national security, and fill federal and state coffers with a share of resulting oil and gas revenues.However, Democrats and conservation groups excoriated the legislation and the Trump administration for moving forward with development at the cost of ocean and coastal safeguards.
An Effort to Limit Development Moratoriums
The proposed legislation, the Accessing Strategic Resources …

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