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Florida Democrats reminded House leaders of no-drilling protections enacted in a 2006 law
In addition to more drilling, the package also will set new standards for renewable energy use, repeal tax breaks given to oil companies, and invest billions of dollars in royalties that oil companies pay for drilling rights into the development of alternative energy. [More]
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During debate on the House floor, Castor described the bill as a “balanced energy initiative” that diversifies the country’s energy portfolio and meets the needs of her neighbors socked by the high price of gas at the pumps. Castor also recognized that the transition away from Middle Eastern oil will reduce excessive entanglements in the Middle East that can lead to disastrous consequences like the Bush Administrations invasion of Iraq
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