House Panel OKs Overhaul Of Offshore Drilling Agency

Law360, New York (July 15, 2010, 1:30 PM EDT) -- A U.S. House of Representatives panel on Thursday approved a bill that would replace the former Minerals Management Service with three new entities and ban federal oil and gas safety inspectors from working for certain energy companies for two years.

The House Natural Resources Committee passed in a 27-21 vote H.R. 3534, the Consolidated Land, Energy and Aquatic Resources Act, which would reform oil and gas drilling in the wake of an explosion on the BP PLC-operated Deepwater Horizon oil rig and subsequent oil spill in...
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