The ban was imposed in 1981 to put much of the California coast off-limits to new oil rigs and extended in 1985 to the majority of US coasts.
"This next election will decide what our drilling policy will be," said David Obey, chairman of the House appropriations committee.
Republican presidential nominee John McCain, like Bush, has urged lifting the ban entirely, while Democratic nominee Barack Obama has said that he would consider limited offshore drilling as part of a broader energy-policy compromise.
Oil companies can seek federal approval to drill three miles offshore or farther once the ban expires. Congressional supporters of the moratorium hope that before any new drilling can begin they can renew it or at least win approval of compromise legislation that would forbid energy exploration up to 50 miles off the coast, but let states decide whether to allow it beyond that.
"I think it's awful," said Senator Dianne Feinstein. "This battle is not over. We will come back and fight another day."
But Adam Putnam of Florida, chairman of the House Republican Conference, said: "After a long summer of $4 gas, with winter home heating bills on the way, this good news could not have come too soon."
Jeffrey Eshelman of the Independent Petroleum Association of America said: "In light of the financial meltdown, lifting the offshore ban makes perfect sense. It means more American energy, more jobs and increased tax and royalty revenue for the US Treasury."
Author: Jo Amey




