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Tuesday, September 16, 2008

AAEA Opposes Offshore Drilling Legislation in Congress

[The bill passed 236-189 in the House and will never see the light of day in the Senate.]

[But Congress must pass a bill to continue the moratorium on drilling by Sept 30, 2008 or drilling can start up to 3 miles offshore of all coasts.]

AAEA opposes the Comprehensive American Energy and Security, Consumer Protection Act (H.R. 6899) because it starts the process of opening the door to oil extraction that could permanently damage offshore marine environments and precious beaches. A summary of titles with descriptions:

RENEWABLE ENERGY FUTURE, CREATING AMERICAN JOBS

Renewable Energy and Efficiency Tax Incentives.

LOWERS COSTS TO CONSUMERS & PROTECTS TAXPAYERS

Royalty Reform: Making Oil Companies Pay Their Fair Share for Drilling on Public Lands.

GREATER ENERGY EFFICIENCY AND CONSERVATION

Strengthen Energy Efficiency in Buildings to Bring Down Costs.

EXPANDING DOMESTIC OIL AND GAS SUPPLY

Compromise on Drilling on the Outer Continental Shelf. President Bush lifted the 27 year (extended yearly) bipartisan legislative moratorium banning offshore drilling, which will end on September 30, 2008 and if not continued by Congress will allow drilling to take place as close as 3 miles offshore. The compromise would permit leasing between 50 and 100 miles offshore if a State ‘opts-in’ to allow leasing off its coastline by enacting state law. The remaining Outer Continental Shelf beyond 100 miles would be open to oil and gas leasing. Require Oil Companies to use the 68 Million Acres of Federal Lands They Already Control.

Source: Hill Heat

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