Congress recesses without drilling pact
Congress failed to strike a deal Friday on expanding offshore oil and gas drilling, another setback in Louisiana’s decades-long quest to get a share of billions of dollars in federal energy royalties to repair its eroding coastline.
Members said they hoped to revive negotiations when they return Nov. 13 from a six-week recess. But the intervening congressional elections inject an element of uncertainty into already-fragile talks.
“It doesn’t look good, but it’s not completely hopeless,” said Sen. Mary Landrieu, D-La.
Rep. Bobby Jindal, R-Kenner, was somewhat more optimistic, given how far House and Senate negotiators came toward a deal in the past week. Read more » »
September 30th, 2006 | No Comments »