Kamalick, Joe
July 2007
ICIS Chemical Business Americas;7/2/2007, Vol. 272 Issue 1, p26
Trade Publication
The article reports that Congressmen John Peterson and Neil Abercrombie has launched a bid to end a moratorium that blocks drilling in 85% of U.S. outer continental shelf areas. Natural gas is the principal feedstock for U.S. chemical production and a key raw material or energy source for a wide range of other manufacturing sectors. Peterson has long championed an end to the congressional drilling ban, which was put in place in the early 1980s. However, the Peterson-Abercrombie measure offers further enticements to environmentalists and coastal states.


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