Republicans next month may try to open new U.S. offshore areas to oil and gas drilling in a move that would bring in billions of dollars in new revenue and let politicians claim progress in boosting domestic energy supplies at a time of record prices.
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Of course, this is what the Republicans will do. What makes matters worse, they will succeed. They passed their energy bill. Energy executives and industry lobbyists had been working on variations of this bill for five years. It focuses more on oil companies and nuclear power rather than truly the continued development of alternative energy sources. They legislation calls for an inventory of oil and gas resources in the Outer Continental Shelf, which can damage fisheries and sensitive coastal areas.
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