HOUSE DEFEATS'USE-IT-OR-LOSE-IT'LEASING BILL,APPROVES CFTC GET-TOUGH BILL;REPUBLICANS TO RESUME ATTACK NEXT MONTH ON OCS DRILLING BAN;HOUSE CLIMATE BILL INTRODUCED

摘要

The House of Representatives on 6/26/08 turned back"use-it-or-lose-it"legislation requiring oil and natural gas producers either to drill on existing leases or abandon them.The bill failed by a vote of 223-195.The rule under which H.R.6251 reached the floor required a 2/3 vote for passage.H.R.6251,the Responsible Federal Oil and Gas Lease Act,was introduced by Rep.Nick Rahall(D-W.Va.),who chairs the House Natural Resources Committee.