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Last updateThu, 30 Oct 2014 10am

Panel Passes Bill to Reform Oil, Gas Leasing

The House Natural Resources Committee Thursday approved a bill, 27-21, to revamp oversight of oil and gas leasing in response to the Gulf of Mexico oil spill.

Sponsored by House Natural Resources Chairman Rep. Nick Rahall, D-W.Va., the measure would split the Interior Department's troubled Minerals Management Service into three entities so that leasing, oversight, and revenue-collection operations would be separate from each other.

Source: Congress Daily

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