Offshore staff
WASHINGTON, D.C. – Proposed legislation in the US House of Representatives would open Gulf of Mexico waters near the US/Mexico border for energy exploration.
The bill would amend the Outer Continental Shelf Lands Act to lift a moratorium on drilling in the area, reports UPI.
The region around the boundary is estimated by the US Interior Department to hold as much as 172 MMbbl of oil and 204 bcf of gas.
US Rep. Jeff Duncan (R-S.C.), House Natural Resources Committee Chairman Doc Hastings (R-Wash.), and House Foreign Affairs Subcommittee on Western Hemisphere Chairman Matt Salmon (R-Ariz.) introduced the legislation.
4/22/2013
