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AmeraTex Energy, Inc. - The House voted Friday to require the Obama administration to develop a new five-year plan allowing offshore oil-and-gas leases in coastal waters with the most promise for energy development.
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Members passed the Offshore Energy and Jobs Act in a 235-186 vote that saw 16 Democrats join Republicans.
The bill is similar to GOP legislation passed by the House last year, and responds to a five-year oil and gas lease sales plan that Republicans say shuts out potentially productive areas off the Atlantic and Pacific coastline. In Thursday debate, House Natural Resources Committee Chairman Doc Hastings (R-Wash.) said the president had a chance to expand lease sales, but instead put forward a restrictive plan that will hurt U.S. energy development.
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"[H]e went out of his way to shut down this opportunity by putting forth a new five-year offshore leasing plan that locks up 85 percent of our offshore areas," he said. "The plan includes no new drilling, which results in no new American jobs.
"In fact, it includes the lowest number of lease sales ever offered in an offshore lease plan. Mr. Chairman, that's the worst record since President Jimmy Carter's."
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Democrats argued that energy companies have access to enough offshore areas right now, and that President Obama's plan has not limited energy production or led to higher gas prices, as Republicans have claimed.
"[T]he premise that somehow by putting more leases out there — with no requirement for them to perform — the price of gas will drop is absolutely untrue," said Rep. Peter DeFazio (D-Ore.). "We all know that's untrue. The American consumers know it's untrue."
Obama has warned he would veto the bill, and the Democratic Senate is not expected to touch it.
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On Thursday, the House approved an amendment that would expand an oil revenue sharing cap for Gulf Coast states from $500 million to $1 billion, something that Gulf state members supported.