Wednesday, May 11, 2011

WATCH: Rep. Paul Gosar On House Floor In Favor Of Fast-Tracking Oil Exploration Leases In Gulf of Mexico

Arizona Rep. Paul Gosar (R-CD1) spoke on the floor of the House yesterday in support of H.R. 1229, a GOP-supported proposal to extend existing non-producing oil exploration leases in the Gulf of Mexico and to fast track government decisions on new lease applications.  The non-partisan Congressional Budget Office says the measure will not have a significant effect on U.S. debt, though it will slightly increase the budget deficit (only $10 million) in 2013.

The Obama Administration opposes the measure,  and believes the bill “would constrain the ability of DOI to ensure that permits meet safety standards by requiring permitting decisions to be made within 30 days of receiving an application — thereby curtailing the review period.” 

The House did not vote on the measure yesterday.

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