House panel approves offshore drilling legislation

A U.S. House of Representatives panel voted to approve the Offshore Energy and Jobs Act.

A U.S. House of Representatives panel voted to approve the Offshore Energy and Jobs Act, introduced by the Natural Resources Committee involving the expansion of offshore oil exploration in federal waters in the Atlantic and Pacific oceans, according to a recent report by Bloomberg. If the bill receives final approval from the Senate, California would see an increase in oil production by using existing platforms while leases for drilling offshore Virginia and South Carolina would be offered.

The act also modified changes made by the U.S. Department of Interior regarding leasing and drilling oversight after the 2010 Deepwater Horizon oil spill.

The same House committee passed the National Petroleum Reserve Alaska Access Act, which allows for the sale of oil and gas leases in Alaska. A third bill, the Young's Native American Energy Act, was approved by the committee to change the laws regarding energy resource development on Indian trust land. That bill, Offshore Technology said, is expected to place restrictions on environmental reviews for certain tribal energy projects by the government.

Learn more about active offshore drilling rigs in the United States in PennEnergy's research area.

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