The Florida Legislature will consider a proposal to allow oil and natural gas drilling in state waters. Although a bill to do just that passed the Florida House in spring 2009, the Senate did not even vote on the legislation. That scenario could play...
(A story titled "Senate Panel Debates Offshore Drilling Amid Climate Talks" published at 12:19 p.m. ET and updated at 12:54 p.m. misstated in the second paragraph the name of the Senate committee in which the hearing took place. The correct version follows.)
(Adds detail from Shell executive comments to reporters.) WASHINGTON -(Dow Jones)- A U.S. Senate panel on Thursday battled over whether the country could expand oil and gas drilling in coastal waters without damaging the environment, spotlighting one of the big fights over climate legislation.
WASHINGTON -(Dow Jones)- A U.S. Senate panel on Thursday battled over whether the country could expand oil and gas drilling in coastal waters without damaging the environment, spotlighting one of the big fights over climate legislation.
Oil spills kill fish, birds and tourist reservations. So conservationists and beach businesses alike fear that just one big one from a future offshore oil platform could muck up tourism to the tune of millions of dollars.
The Florida Legislature will consider a proposal to allow oil and natural gas drilling in state waters. Though a bill to do just that passed the Florida House in spring 2009, the Senate did not even vote on the legislation. That scenario could play...
Brazil's oil regulator, the National Petroleum Agency, or ANP, said it will start drilling in a promising offshore oil patch in the first week of December, the Estado news agency reported Thursday.
