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>> ENERGY Latest News

FEB 05, 2013 - National Journal

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Bill to Expand Offshore Energy Gaining Steam

In a season of political gridlock, a major proposal to expand energy production off the nation’s coastlines is gaining steam—and could have a real shot at becoming law.A bipartisan energy bill now being crafted in the Senate could hit a sweet spot between expanding offshore oil and gas drilling, which many Republicans want, and creating incentives for new offshore wind and tidal power, which many Democrats want. It could also create a new source of revenue for the nation’s 24 coastal states—a tempting prospect for many cash-strapped state governments.The bill is being written by Sen. Lisa ... Read More

Tags: Bill to Expand Offshore Energy Gaining Steam,  Energy Latest News