- Bearing Drift - https://bearingdrift.com -

Offshore Drilling Ban Set To Expire

Democrats in Congress are set to allow the legislative ban on offshore drilling expire [1] at the end of the month:

Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in an months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer.

Appropriations Committee Chairman David Obey, D-Wis., told reporters Tuesday that a provision continuing the moratorium will be dropped this year from a stopgap spending bill to keep the government running after Congress recesses for the election.

This sounds like a victory for the Drill Here, Drill Now movement [2] and maybe even the #dontgo movement [3] (which seems to be down for remodeling and can’t partake in the celebrations, I guess).