Lawmaker Joins Push To Up Cost Of Drilling


	Lawmaker Joins Push To Up Cost Of Drilling

merrie

6-1-2009 3:54 PM

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tags:

energy, increase royalities, decrease lease periods

merrie says:

Mr. Rahall's plan fits neatly into the broader efforts of the Obama administration and congressional Democrats to make a "dramatic shift" in energy production toward green sources, said Sharon Buccino, director of land and wildlife programs at the Natural Resources Defense Council.

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http://www.washingtontimes.com/news/2009/jun/01/powerful-lawmaker-joins-push-to-up-cost-of-drillin/?source=newsletter_must-read-stories-today_headlines

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color:#e5e5e5;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0f2f746c-ae8e-4383-ac7a-f12d053b0840/EA425830-5A5D-4FE6-8240-266611C8FE1C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.washingtontimes.com/news/2009/jun/01/powerful-lawmaker-joins-push-to-up-cost-of-drillin/?source=newsletter_must-read-stories-today_headlines" href="http://www.washingtontimes.com/news/2009/jun/01/powerful-lawmaker-joins-push-to-up-cost-of-drillin/?source=newsletter_must-read-stories-today_headlines" style="font-size: 11px;">www.washingtontimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtontimes.com/news/2009/jun/01/powerful-lawmaker-joins-push-to-up-cost-of-drillin/?source=newsletter_must-read-stories-today_headlines">Rep. Nick J. Rahall II, West Virginia Democrat and chairman of the House Natural Resources Committee, has proposed a plan to boost royalty rates by 50 percent and to cut the lease periods to five years from the current 10 years or more.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtontimes.com/news/2009/jun/01/powerful-lawmaker-joins-push-to-up-cost-of-drillin/?source=newsletter_must-read-stories-today_headlines">The plan also appears in line with the broader energy goals of Interior Secretary Ken Salazar, who is conducting a review of the Interior Department's handling of oil and gas leases and royalties as the House prepares to push through a bill to address climate change and the Senate works on its own energy legislation.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtontimes.com/news/2009/jun/01/powerful-lawmaker-joins-push-to-up-cost-of-drillin/?source=newsletter_must-read-stories-today_headlines">Salazar's office did not respond to a request for comment about the Rahall plan. Mr. Salazar has been a vocal advocate of developing renewable energy, such as wind and solar, on federal lands.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.washingtontimes.com/news/2009/jun/01/powerful-lawmaker-joins-push-to-up-cost-of-drillin/?source=newsletter_must-read-stories-today_headlines">He moved to cancel oil and gas leases approved by the Bush administration, including 77 natural gas leases on 100,000 acres in Utah, though he agreed to reconsider them to resolve a dispute he has been having with Sen. Robert F. Bennett, Utah Republican.
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