Tags: oil | drilling | gop | obama

US Republicans Want Oil Driiling to Pay for Roads

Thursday, 17 Nov 2011 03:17 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Republicans on Thursday sought to lift a U.S. ban on new offshore oil and gas drilling and use related royalties to help finance road and bridge construction.

The plan, presented as a jobs bill and outlined by House Speaker John Boehner, would blend three energy bills into one infrastructure blueprint covering transportation upgrades over five years.

Boehner called the proposal for expanding energy production a responsible way to help pay for transportation programs, which are under financial pressure due to declining gasoline tax receipts.

The measure would also open part of the Alaska National Wildlife Refuge to oil exploration and set rules for extracting shale resources.

Boehner hopes to bring the measure up for a vote in the Republican-led House before the end of the year.

The Obama administration has proposed a modest expansion of offshore drilling. Lifting the drilling ban stands virtually no chance of passage, however, in the Democratic-controlled Senate.

A bipartisan $109 billion bill funding transportation programs with gas tax receipts for two years has been proposed in that chamber.

The Senate earlier this month rejected a $60 billion Obama administration stimulus proposal for creating jobs through infrastructure improvements.

Transportation Secretary Ray LaHood would not comment on the House proposal in a conference call.

LaHood has been pressing former congressional colleagues to pass a long-term transportation funding plan to pay for needed infrastructure improvements.

The previous long-term law authorizing U.S. government spending on transportation programs expired in 2009. Construction has since been financed by a series of short-term extensions that leave states less able to plan and budget projects.

The current extension expires March 31.

 

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Man Charged after Jumping White House Fence, Sparking Lockdown

Thursday, 23 Oct 2014 08:34 AM

A man arrested after jumping the White House fence on Wednesday night has been charged with three felony counts and four . . .

WaPost: At Least 6 African-American Witnesses Back Officer in Ferguson Shooting

Wednesday, 22 Oct 2014 12:10 PM

Slain Ferguson teen Michael Brown was shot in the hand at close range, an official county autopsy report obtained by the . . .

Rep. Camp Accuses White House of Stonewalling in IRS Scandal

Thursday, 23 Oct 2014 08:07 AM

House Ways and Means Chairman Dave Camp has accused the Obama administration of blocking his committee from grilling a k . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved