New House Bill Would Replace Obama's Offshore Drilling Plan

Law360, New York (July 9, 2012, 8:50 PM EDT) -- The U.S. House of Representatives Natural Resources Committee on Monday unveiled draft legislation that would replace President Barack Obama's recently unveiled offshore drilling plan and implement a new plan for lease sales in the Gulf of Mexico.

Committee Chairman Richard "Doc" Hastings, R-Wash., submitted H.R. 6082, the Congressional Replacement of President Obama's Energy-Restricting and Job-Limiting Offshore Drilling Plan, which will be marked up by the full committee on Wednesday.

The bill would replace the Obama administration's lease program for 2012 to 2015, which aims to make...
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