Monday, July 14, 2008

Bush To Lift Executive Order Banning Off Shore Drilling -- Congressional Action Required To Proceed

The White House says President Bush is planning to lift an executive ban on offshore oil drilling. The White House says President Bush is planning to lift an executive ban on offshore oil drilling.

In a Rose Garden statement on Monday, the president plans to lift the ban. But by itself, the move will not lead to more drilling off America's coastline.

That just leaves the Congressional ban that has to be lifted.  Nancy Pelosi says the call for more drilling is just  a hoax but $4/gal gasoline says otherwise.  Those prices are affecting every aspect of the economy today so the pressure on Congress will be immense.
DKK
ABC News

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