major oil companies

Bipartisan Energy Bill Exposes Obama-McCain Schism

Bipartisan Energy Bill Exposes Obama-McCain Schism

WASHINGTON, DC, August 4, 2008 (ENS) – A bipartisan group of senators has introduced a proposal to reduce gas prices by opening new areas in the Southeast Atlantic Ocean and Eastern Gulf of Mexico to oil and gas drilling, while raising taxes on the major oil companies. At a news conference on Capitol Hill Friday,…

Bush Removes Executive Ban on Offshore Oil Drilling

Bush Removes Executive Ban on Offshore Oil Drilling

WASHINGTON, DC, July 14, 2008 (ENS) – Saying that Americans are worried about the high price of gasoline, President George W. Bush today removed the executive ban on offshore exploration on the Outer Continental Shelf, the OCS, that has stood since his father was in the Oval Office. Speaking in the White House Rose Garden,…