WATCHING WASHINGTON STARVING THE CASH COW

With Patrick Crow The continuing political movement in Congress to banish offshore drilling not only will have a major effect on oil companies' spending plans but also on the Interior Department's budget. Two House committees recently approved amendments that would ban drilling off much of the U.S. coast, restricting the oil industry to the Gulf of Mexico and an occasional sale off Alaska (OGJ, Apr. 20, p. 44). If the full House approves those antidrilling amendments, the Bush

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