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The House approved a bill Friday to boost safety standards for offshore drilling, remove a federal cap on economic liability for oil spills and impose new fees on oil and gas production.Democratic leaders hailed the bill as a comprehensive response to the Gulf of Mexico oil spill and said it would increase drilling safety and crack down on oil companies such as BP. Companies with significant workplace safety or environmental violations over the preceding seven years would be banned from new offshore drilling permits.Republicans and some-oil state Democrats opposed the measure, calling it a federal power grab that would raise energy prices and kill thousands of American jobs because of the new fees and liability provision.Rep. Nick Rahall , D-W.Va., the bill's main sponsor, said the legislation would be a tribute to the 11 oil rig workers who were killed when the BP well exploded in April by creating strong new safety standards for offshore drilling, ending the revolving door between go...
President Obama plans to announce Thursday that he is extending a moratorium on new deepwater oil drilling permits as he reins in offshore drilling plans from shore ...
Rebuffed twice by the courts, the Obama administration is taking another crack at a moratorium on deep-water drilling, stressing new evidence of safety concerns and ...
A House Committee voted Wednesday to clear the way to subpoena the Obama administration over two separate probes -- one concerning allegations dating back to the BP ...
President Obama , reversing a long-standing ban on most offshore drilling, unveiled a plan Wednesday to allow oil drilling off the Eastern seaboard and potentially t...
The Texas attorney general has sued the Obama administration, claiming the current offshore drilling moratorium is "unjustified" and officials did not contact state ...
Rebuffed twice by the courts, the Obama administration is making another attempt to get a moratorium on deep-water drilling, stressing new evidence of safety concern...
A federal appeals court on Thursday rejected the federal government's effort to restore an offshore deepwater drilling moratorium, opening the door to resumed drilli...
NEW ORLEANS (AP) — Several oil service companies are asking a federal judge to block the Interior Department from enforcing a six-month moratorium on new deepwater d...
WASHINGTON (AP) — Lawmakers are coming down on both sides of a federal judge's ruling against the Obama administration's moratorium on new deepwater drilling.Republi...
Offshore drilling debate heats up as President Bush lifts ban on exploration
Oil and gas companies appeared to score an all-out victory over the summer when President Bush lifted an executive ban on offshore drilling and congressional Democra...
In a victory for drilling proponents, a federal judge struck down President Obama's six-month moratorium on deepwater oil drilling in the Gulf of Mexico on Tuesday, ...
A key U.S. government official said Friday the moratorium on deepwater oil drilling likely won't be extended past Nov. 30, but whether it is cut short will be entire...
WASHINGTON (AP) — A former federal prosecutor took over Monday as director of a new government agency that oversees offshore drilling and other oil and gas developme...
Fires in the Gulf of Mexico at two offshore oil facilities in less than five months has spurred environmental groups and some lawmakers to pressure the Obama adminis...
Despite reforms put in place since the massive BP oil spill, a presidential investigating panel has concluded that the government and the oil industry still haven't ...
Bureau of Ocean Energy Management Director Michael Bromwich discusses the latest safety regulations and their impact on the future of drilling.
The Obama administration hopes to lift a freeze on deepwater drilling well before its scheduled Nov. 30 expiration date, the nation's top drilling regulator said Tue...
Sen. David Vitter, (R-La.), on the impact that the moratorium has had on all forms of offshore drilling .
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