Democrats to let Offshore Drilling Ban Expire
23 September 2008
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Photo courtesy hibino and licensed by Creative Commons.
The Democrats have finally caved into Republican pressure over high gas prices and will let an October ban on offshore drilling expire. The Democrats offered up what some Republicans called a “sham” earlier this month to allow for offshore drilling 50 or more miles off the coast, which would eliminate 90% of the estimated 18 billion barrels of oil expected to be available off the continental shelf.
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Tags: gas, news, continental shelf, oil, democrats
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