Dems Cave on Oil DrillingSeptember 23, 2008 - by Donny Shaw
>Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer.
More from the Politico:
>This week, Democrats were circulating a 30-page “discussion draft” of the continuing resolution that would fund the government through March 6. The draft contained language that would replace the existing ban on offshore drilling with Title I of the Democrats’ energy bill passed last week — a provision that would allow states to allow drilling off their coasts but limit the incentive for them to do so by denying them a share of the revenues.
>The GOP called it “a slap in the face to millions of families, seniors and small businesses trying to make ends meet during our nation’s energy crisis.” And a Pelosi aide said Title I has been dropped from the CR.