May 18, 2006: House Votes to Keep Offshore Drilling Ban (AP)

  • The House directed the Interior Department to try to renegotiate those contracts. While it does not require oil companies to renegotiate, the measure would put pressure on them to do so, its supporters said. “Energy companies have been taking oil and gas from the American people for free and then selling it back to them at record prices,” said Rep. Maurice Hinchey , D-N.Y., sponsor of the amendment.

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