Reid: No drilling votes in debate over oil speculation

[babylonsister]

Reid: No drilling votes in debate over oil speculation
By Manu Raju
Posted: 07/14/08 04:07 PM


Senate Majority Leader Harry Reid (D-Nev.) said Monday that he would not allow a vote on an amendment giving states new authority to seek oil off their coasts when he brings a Democratic energy bill to the floor later this month.

In a sign of escalating tensions, one senior GOP senator called Reid a “chicken” for deciding not to allow amendments on energy production, prompting a Reid spokesman to say that “name calling won't lower the price of oil and gasoline.”

Reid criticized President Bush’s announcement earlier in the day to rescind a longstanding executive order banning offshore oil drilling, saying it was a gift to the oil companies that are not exploring for oil in 68 millions of acres available to them.

Republicans are now pressuring Democrats to rescind a congressional moratorium prohibiting the practices and give states the option to decide whether to allow drilling off their coasts.

However, Senate Democrats rejected those calls on Monday.

“We want oil and gas companies to drill on the leases they’ve been given,” Reid said.

He added that oil companies should report to Congress their activities on their leased land and said Congress will invest in renewable energy by pushing through a stalled package of expiring tax incentives.

more...

http://thehill.com/leading-the-news/reid-no-drilling-proposals-in-debate-over-oil-speculation-2008-07-14.html

[Hydra]

1. Wow

Reid and Pelosi both holding firm against Bush...am I really seeing this?

[whistle]

2. Jesus, what is Reid saying?

[babylonsister]

3. He's telling the oil companies to go drill on land already leased to

them and stop expecting more. No vote on this crap regardless of what the dim one says sounds good to me.