House Rep. Proposes Ban On New Offshore Drilling

Law360, New York (January 12, 2011, 1:59 PM EST) -- In the wake of a new report detailing industry and regulatory shortcomings leading up to the Deepwater Horizon spill, Rep. Frank Pallone, D-N.J., has revived legislation to bar approval of any new offshore drilling leases in federal waters.

On Tuesday, Pallone introduced H.R. 261, the No New Drilling Act, which would amend the Outer Continental Shelf Lands Act to prohibit the U.S. Department of Interior from greenlighting any new oil and gas exploration, development or production on any unleased areas of the outer continental shelf....
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