BP Would Be Barred From New Offshore Leases Under House Bill

By Jim Efstathiou Jr.
(c) 2010 Bloomberg News
Wednesday, July 14, 2010; 12:00 AM

The House Natural Resources Committee adopted the amendment by voice vote today while considering legislation to toughen safety standards for offshore drilling after the BP spill in the Gulf of Mexico. The panel continued to debate the underlying legislation.

© 2010 bloomberg.com