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U.S. House passes bill to open Va. coast for drilling

Posted to: Environment Federal Government News Offshore Drilling Virginia

After sparring lawmakers offered starkly different visions of how drilling for oil and gas off Virginia's coast might affect gas prices, the Chesapeake Bay's health and the national economy, the U.S. House approved a bill Thursday that would require the Obama administration to reopen lease sales in the region for offshore drilling.

The measure, which passed 266-149 and now goes to the Senate, would require the Obama administration to end the offshore moratorium it imposed last year in the wake of the Deepwater Horizon oil rig accident in the Gulf of Mexico. The administration has said it would lift the moratorium only after new environmental impact statements are prepared and the industry adopts certain safety measures.

If the House bill became law, leases for new wells in parts of the Gulf would have to be auctioned in four to eight months, and leases for an area off Virginia's shores would be auctioned within a year.

Noting the consumer outrage over the recent spike in gasoline prices, several Republicans argued that expanding domestic oil production would lower fuel costs.

"It will send a strong signal to the world markets that the U.S. is serious about producing its own resources," said U.S. Rep. Doc Hastings, a Washington state Republican and the bill's sponsor.

U.S. Rep. Scott Rigell, R-Virginia Beach, a bill co-sponsor, said it would be "a tremendous step for the people of Virginia and for America. I hear about gas prices and the job market everywhere I go. This bill moves the needle on both of those."

But opponents, most of whom were Democrats, said it's a false promise to say that drilling for oil in future years would affect what consumers have been paying in recent months.

U.S. Rep. Nancy Pelosi, D-Calif., said Republicans were pushing an energy agenda that benefited multinational oil companies without providing relief for American motorists. The five biggest oil companies reported more than $35 billion in profits in the first quarter of the year.

"Republicans have brought to the floor another 'drill only' bill that would not bring down prices at the pump," Pelosi said. "It's a boon to Big Oil that would make another catastrophic oil spill more likely."

U.S. Rep. John Sarbanes, a Maryland Democrat, said the environmental risks for the Chesapeake Bay, which he called "the soul of my state," would be too great if offshore drilling were allowed.

Energy production has some risk, acknowledged another bill co-sponsor, U.S. Rep. Rob Wittman, R-Westmoreland County, but offshore drilling "can be conducted in a safe and responsible manner."

As the House debated, Virginia Gov. Bob McDonnell also lent his support, but from far away.

Standing at a podium in front of a Henrico County gas station 100 miles south of the U.S. Capitol, McDonnell restated his view that offshore drilling could create jobs.

"One thing we know that we can do something about is reducing dependence on foreign sources of oil," he said. "I believe, at the federal level right now, we have a weak, if not incoherent, national energy policy."

Virginia's senators, both Democrats, have voiced support for offshore drilling as part of a broader national energy policy, but with some conditions.

U.S. Sen. Mark Warner "supports development of offshore energy resources sooner rather than later, but he believes it should be done responsibly, incorporating lessons learned from the Gulf spill and being conducted in a way that does not disrupt military activities that are conducted off the Virginia coast," said Kevin Hall, Warner's spokesman.

U.S. Sen. Jim Webb said last month that developing more offshore oil production should be a priority, but he wants federal officials to revise lease maps to give Virginia a larger share of future oil sources and also develop an "equitable formula" for the state to share offshore revenues with the federal government.

Pilot writer Julian Walker and The New York Times contributed to this report.

Bill Bartel, (757) 446-2398, bill.bartel@pilotonline.com

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Which price of oil?

The price of oil in dollars has more than doubled since President Obama took office.

However, the price of oil in gold has declined.

The oil companies are not responsible for the increased price of gasoline.

Speculators are not responsible for the increased price of gasoline.

President Obama and the Feds' debasement of our currency through Quantitative Easing and monetizing the debt the government assumed in the collapse of the housing bubble is why gasoline is approaching $4 a gallon.

The good old days

The price of oil in dollars has more than doubled since President Bush took office.

However, the price of oil in gold has declined.

The oil companies are not responsible for the increased price of gasoline.

Speculators are not responsible for the increased price of gasoline.

President Bush and the Feds' debasement of our currency through Quantitative Easing and monetizing the debt the government assumed in the War in Iraq is why gasoline is approaching $4 a gallon.

Hit it on the head

You are right.. Oil has slumped in the last couple days because the dollar has gotten stronger. Oil prices are a symptom of the economy.

With that said, the fact still remains though we need to move to energy independence. Drill for our own resources, look at alternative energy (wind, solar, etc) and we need to expand our nuclear energy. All the electric cars in the world are not go stop the oil dependency -- it still takes oil to produce the electricity. We need independence from oil, not make shift in the box thinking. Until then we need also to control the price of energy.. The solution is multi-facet and not just one element...

Just a thought

Could someone tell me how the sale of new leases off the Va shores will lower the price at the pump tomorrow? Next week? Next year? Next decade? Long term projects will not produce immediate effects.

Foresight

Oil prices are driven right now on speculation and the strength of the US dollar. Due to the arrest in the World, China's percieved apetite, the weak US dollar and the growing US debt has skyrocket the oil prices. If you notice today the oil prices are down because of the dollar is stronger.. Opening up leases relieves the speculation and ultimately brings energy independence. You will not see a change in gasoline prices tomorrow but in a few months or years it will help.

If you want a change in oil prices now -- US needs to get a better fiscal policy, strengthen the dollar, work towards getting the debt undercontrol and continue to support energy independence!!! Plan needs to be set forth and the economy will speculate..

wrong price

The petroleum to be recovered off Virginia's coast will do more to lower the price of electricity, by providing a nearby source of natural gas for electric power generation, than to lower the price of gasoline.

The petroleum to be recovered in the Gulf of Mexico, Alaska and from northwestern oil shale deposits held off limits by the Federal government would do more for gasoline.

Off shore drilling

For years I opposed off-shore drilling. I now believe we must open our coast-line, including VA and NC to drilling. I come to this for two reasons: (1) we won't eliminate our need for oil any time in the foreseeable future and we must eliminate our need for oil from the Persian Gulf (2) we Americans have been hypocritical in regard to drilling and its risks. We have been perfectly willing to let other countries, some, such as in Africa, poor and badly governed, get their rivers and land polluted while we take the oil. If we move ahead with drilling, conservation and renewable energy,in 10 years or less, we could eliminate Persian Gulf oil imports and rely almost completely on US, Canada and Mexico.

Won't Help Much

This bill will tend to pacify the right with a wink at the left who knows the new well permits will be deliberately tied up with red tape keeps them happy. Until we find some way to beat these unelected regulators into submitting to the will of the people, as expressed by Congress, laws or absence of them will not accomplish much.

Spell check...

That should read "Dollars" falling value... this thing needs a spell checker or edit feature...

Use word

…then copy and paste. I have an older version and I love it because it doesn’t recognize “Obama”. It suggests “Osama” instead. I’m serious. I refuse to add him to the dictionary because after next year I hope we just won’t have much more to say about him.

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