House Set To OK Bills To Speed Oil, Gas Drilling - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

House Set To OK Bills To Speed Oil, Gas Drilling

By MATTHEW DALY
Associated Press

WASHINGTON (AP) - The Republican-controlled House is considering three energy bills aimed at speeding up drilling for oil and natural gas.

One of the bills that are expected to win approval later Wednesday would restrict the Interior Department from enforcing proposed rules to regulate hydraulic fracturing, or fracking, on public lands. A second would set strict deadlines for federal approval of oil and gas permits.

A third bill would streamline permitting for natural gas pipelines.

Supporters say the bills are needed to ensure that the nation takes full advantage of an oil and gas boom that's lowered prices and led the U.S. to produce more oil last month than it imported from abroad.

President Barack Obama says he'll veto the bills. He says they run counter to safeguards for oil and gas drilling.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsNewsMore>>

  • AP Explains: What is net neutrality and why does it matter?

    AP Explains: What is net neutrality and why does it matter?

    Thursday, December 14 2017 12:24 AM EST2017-12-14 05:24:37 GMT
    Thursday, December 14 2017 8:19 AM EST2017-12-14 13:19:55 GMT

    "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block.

    "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block.

  • Disney buying large part of 21st Century Fox in $52.4B deal

    Disney buying large part of 21st Century Fox in $52.4B deal

    Thursday, December 14 2017 7:24 AM EST2017-12-14 12:24:47 GMT
    Thursday, December 14 2017 8:19 AM EST2017-12-14 13:19:40 GMT

    Disney is buying a big chunk of the Murdoch family's 21st Century Fox in $52.4 billion deal, gaining U.S. cable channels and a major film studio and growing overseas as it tries to meet competition from technology...

    Disney is buying a big chunk of the Murdoch family's 21st Century Fox in $52.4 billion deal, gaining U.S. cable channels and a major film studio and growing overseas as it tries to meet competition from technology companies.

  • Ample tax cuts for business, wealthy in new GOP tax accord

    Ample tax cuts for business, wealthy in new GOP tax accord

    Thursday, December 14 2017 3:54 AM EST2017-12-14 08:54:53 GMT
    Thursday, December 14 2017 8:17 AM EST2017-12-14 13:17:17 GMT

    Generous tax cuts for corporations and the wealthiest Americans would be delivered in a sweeping overhaul of the tax laws, under a new agreement crafted by Republicans in Congress.

    Generous tax cuts for corporations and the wealthiest Americans would be delivered in a sweeping overhaul of the tax laws, under a new agreement crafted by Republicans in Congress.

Powered by Frankly