House Passes Bill To Speed Up Offshore Permitting

Law360, New York (May 11, 2011, 7:17 PM EDT) -- The U.S. House of Representatives approved legislation Wednesday that would speed up decision making on Gulf of Mexico drilling permits, and began debate on a separate measure that would open vast new offshore areas to oil and gas companies.

The two bills, along with a third that passed last week, were introduced by Rep. Doc Hastings, R-Wash., in an attempt to overturn policies put in place by the Obama administration after the Deepwater Horizon spill.

Hastings and his allies have particularly taken issue with what they...
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