WASHINGTON (Reuters) - Republican leaders in the U.S. House of Representatives abandoned, at least temporarily, a drive to open Alaska's National Wildlife Refuge to oil drilling after concluding on Wednesday the initiative was threatening passage of a huge bill to cut spending.Hat tip: georgia10
"ANWR and OCS will be out" of the legislation, said House Budget Committee Chairman Jim Nussle, an Iowa Republican.
1 comment:
Yeah, and not to mention the fact that they are not obligated to sell the oil to America. When they spew this crap about "we need to become less reliant on other countries" people conveniently forget that oil companies are not owned by the government and are not beholden to us to care.
Emerging economies are demanding oil for their increases in cars and population too.
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