OGJ Newsletter

09/11/2006
General Interest - Quick TakesGulf oil find shows need for legislationCongressional energy leaders said that the massive oil discovery reported in the deepwater Gulf of Mexico on Sept. 5 demonstrates the need to open more of the region to oil and gas leasing and development (see Exploration & Development).“America needs America’s oil, and suddenly we’ve found a lot more of it,” House Energy and Commerce Committee Chairman Joe Barton (R-Tex.) said. “The discovery of oil that isn’t half a world away and that might increase our country’s petroleum reserves by billions of barrels in one swoop will do wonders for assuring that American drivers can ...
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