Congress to let off-shore drilling ban expire

There’s a budget bill that’s through the House and headed to the Senate that gives a lot away, but one of the hidden bonuses is an end to the off-shore drilling ban. It’s described as a big win for McCain.

I’m fortunate to have been tagged for a conference call Friday with API President Red Cavaney. September has been a busy month for the oil industry with this last development, a couple of hurricanes in the gulf, and continued debates on America’s energy needs. I look forward to the opportunity.