Entries tagged as ‘oil’
Democrats may move to increase drilling permit fees to make domestic energy production more expensive — and, in turn, raise the price of home heating oil and gasoline to Americans. Furthermore, Democratic leaders may be poised to slow the permitting process to allow for the development of energy resources on federal lands, increasing burdensome red tape.
Hat Tip: House Minority Leader John Boehner
Categories: Policy Riders
Tagged: congress, drilling, energy, gas, oil, omnibus
Democrats may include harmful policy language in the omnibus spending bill that would breach the 1998-1999 Clinton oil and gas leases. The Bush Administration has estimated that leasing delays from resulting litigation will cost the federal government $11 billion and 1.6 barrels of oil — all at a time when oil prices are reaching record levels.
Hat Tip: House Minority Leader John Boehner
Categories: Policy Riders
Tagged: congress, energy, gas, oil, omnibus