Reply #1: With energy bill signed, state works on ANWR (From "Petroleum News") [View All]

[Judi Lynn]

With energy bill signed, state works on ANWR

Pro-drilling proponents prepare to make final push for keeping drilling legislation in federal budget reconciliation bill

Rose Ragsdale

Petroleum News Contributing Writer


Now that President Bush is signing into law a $12.5 billion energy bill recently approved by Congress, Alaska’s oil patch is turning to prospects for oil drilling on the coastal plain of the Arctic National Wildlife Refuge clearing Congress this year.

A provision that would allow the controversial exploration and development is quietly biding its time in a mammoth budget bill expected to emerge from committee in September.

Bush, who favors ANWR drilling, has asked Congress to present him with legislation that would enable America to tap its largest potential source of onshore crude oil reserves.
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http://www.petroleumnews.com/pntruncate/145454960.shtml