US CLEAR Act to bar bad performers from lease applications

摘要

A US House of Representatives panel in July approved a sweeping bill that would reorganize regulation of oil and natural gas leasing, to the detriment of polluters. The Consolidated Land Energy and Aquatic Resources Act will bar companies with poor safety records from bidding on leases and it will create a bipartisan commission to investigate the April 20 Macondo well blow-out.rnHouse Democratic leaders have indicated it will become part of a package of bills aimed at tightening safety and environmental regulation of the oil and gas industry in the wake of the BP spill.