U.S. House Backs Bill to Expand Coastal Oil, Gas Drilling - Bloomberg

Oil and gas exploration off U.S. coasts would be expanded under legislation the U.S. House of Representatives passed over the threat of a presidential veto.

The vote on the bill, H.R. 2231, was 235-186.

The measure would require the Obama administration to conduct additional sales of oil and gas leases off the coasts of Virginia, South Carolina, southern California and Alaska over the next five years, reports Bloomberg BNA.

Please continue reading at:

http://www.bloomberg.com/news/2013-06-28/u-s-house-backs-bill-to-expand-coastal-oil-gas-drilling.html