Fearing that the protections for Florida offered in the Senate’s Lease Sale 181 bill might be gutted if merged with the House’s more expansive bill for drilling in the Outer Continental Shelf (OCS), Sen. Bill Nelson (D-FL) said he will offer an amendment during debate on the Lease 181 bill this week that will ask senators to reject up-front the competing House offshore bill.
Expansive
Articles from Expansive
Western Governors Strike Deal with Feds to Boost Transmission Grid
Seeking to bolster the expansive, 18-state regional power grid in their states, western governors last week signed a memorandum of understanding (MOU) with three key federal agencies. Bush administration officials and the state chief executives cemented the agreement during the Western Governors’ Association (WGA) annual meeting in Coeur d’ Arlene, ID.
Nymex to Expand End-of-Week Post-Close Session
In an effort to provide a more expansive period in whichparticipants can adjust their positions on evenings whenafter-hours Access trading is unavailable, the New York MercantileExchange will offer a 10-minute post-close trading session at theend of every week, with the same trading range that occurs duringthe day’s trading session, for its crude oil, heating oil, unleadedgasoline, and natural gas futures contracts.