Industry groups ask for updated offshore drilling rules

A coalition of US industry trade groups representing both major and independent oil and gas companies is unhappy with pending legislation designed to update federal coastal zoning laws. They say the bill may further discourage offshore drilling."Issues associated with the coastal zone management process represent a significant threat to the energy industry's ability to explore for and produce offshore oil and natural gas," said the group in a letter to Rep. Wayne Gilchrest (R-Md.), chairman of the Subcommittee on Fisheries, Conservation, Wildlife, and Oceans Feb. 4. Gilchrest's subcommittee Feb. 8 unanimously approved revisions to the 1972 Coastal Zone Management Act.CZMA allows c...

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