By Hook and By Crook 0

Congress passes drilling, fisheries bills in final days of session

Gasping and flopping like a landed fish, the Republican-led Congress passed an offshore-drilling measure during its final days. The legislation, passed by the House and Senate as part of a larger tax bill, will open 8.3 million acres in the Gulf of Mexico to oil and natural-gas exploration, with nearly 40 percent of royalties going to Louisiana, Mississippi, Alabama, and Texas. The victory jig was slightly muted by misty watercolored memories of a bigger, badder bill that failed earlier this year: "When it comes to passing important legislation around here," said Rep. John Peterson (R-Pa.), "you learn to shoot for the stars in the hope that you might land on the moon." In other ocean-related news, Congress shot for the, uh, StarKist, overhauling U.S. fisheries rules. The updated Magnuson-Stevens Act requires regional councils to combat overfishing and endorses a cap-and-trade plan that would, as with pollution, allow oversteppers to buy credits from those with a modicum of self-restraint.

source: Reuters, Chris Baltimore, 09 Dec 2006

source: San Francisco Chronicle, Zachary Coile, 09 Dec 2006

source: The Washington Post, Juliet Eilperin, 10 Dec 2006

Advertisement
Advertisement

Add a Comment

You are not logged in. Thus, you cannot post a comment. If you have an account, log in. If you don't have an account, well, by all means go make one! Meet you back here in five.

Hello, Visitor!    Why not register?

Advertisement