House committee combines OCS leasing proposals

A bill that combines elements of the two main US Outer Continental Shelf leasing proposals has been developed by the House Resources Committee, Chairman Richard Pombo (R-Calif.) said June 19.Designated the Deep Ocean Energy Resources Act, the bill strikes a balance between one measure introduced by Reps. John E. Peterson (R-Pa.) and Neil A. Abercrombie (D-Hi.) and another developed by two committee members from Louisiana, Republican Bobby Jindal and Democrat Charlie Melancon.Pombo said, “The current one-size-fits-all federal framework locks away massive amounts of desperately needed energy resources and will not withstand the pressures of economic necessities much longer. It does no...

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