Big Oil, Enviros at It Again

Summary


Business groups and environmental organizations are locking horns again over a bill that would open the Outer Continental Shelf to deep-sea oil drilling.

Businesses say that the American Conservation and Clean Energy Independence Act will reduce the nation's dependence on foreign oil; conservationists and environmentalists claim that the nation would be better served by focusing on alternative, clean energies.

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Extract


Big Oil, Enviros at It Again

Proponents of the bill say that drilling in the Gulf of Mexico and off the East Coast could generate as much as $3.2 trillion in revenue and severely curb the nation's need to import oil from unsta...

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