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          <title>WashingtonWatch.com - Revisions for S. 1268, The Domestic Offshore Energy Security Act</title>
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<title>Revision by webmaster (June 20, 2007, 18:37:08)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_1268.html?rev=1712</link>
<description>&lt;p&gt;S. 1268 would provide for the development and inventory of certain outer Continental Shelf resources.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 5/2/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Energy and Natural Resources.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

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<guid isPermaLink="false">1712@http://www.washingtonwatch.com</guid>
<pubDate>Wed, 20 Jun 2007 17:37:08 EDT</pubDate>
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<item>
<title>Revision by webmaster (June 20, 2007, 18:37:08)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_1268.html?rev=1713</link>
<description>&lt;p&gt;S. 1268 would provide for the development and inventory of certain outer Continental Shelf resources.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Domestic Offshore Energy Security Act - Authorizes United States persons to: (1) engage in any transaction necessary for exploration and extraction of hydrocarbon resources from any portion of any foreign exclusive economic zone contiguous to the Exclusive Economic Zone of the United States; and (2) export without license authority all equipment necessary for such activity.&lt;/p&gt;

&lt;p&gt;Amends the Trade Sanctions Reform and Export Enhancement Act of 2000 to direct the Secretary of the Treasury to grant general license authority for travel-related expenditures to, from, or within Cuba by persons engaging in hydrocarbon exploration and extraction in any part of a foreign maritime Exclusive Economic Zone contiguous to the U.S. Exclusive Economic Zone.&lt;/p&gt;

&lt;p&gt;Amends the Gulf of Mexico Energy Security Act of 2006 to: (1) repeal the oil and gas leasing moratorium governing any area east of the Military Mission Line; and (2) decrease from within 125 to within 45 miles of the Florida coastline the moratorium upon oil and gas leasing in the Eastern and Central Planning Area.&lt;/p&gt;

&lt;p&gt;Instructs the Secretary of the Interior to promulgate regulations that establish environmental safeguards for exploration and production of oil and natural gas on the outer Continental Shelf.&lt;/p&gt;

&lt;p&gt;Authorizes the Secretary of the Interior to conduct an oil and natural gas inventory beneath the waters of the outer Continental Shelf off the coasts of Virginia, North Carolina, South Carolina, or Georgia, but only upon request of the affected state governor.&lt;/p&gt;

&lt;p&gt;Amends the Energy Policy Act of 2005 regarding the program of grants to oil and gas producers to carry out projects to inject carbon dioxide for the purpose of enhancing oil or natural gas recovery while increasing the sequestration of carbon dioxide. Directs the Secretary of Energy to grant priority consideration to applications that, together with meeting other requirements, are carried out in geologically challenging fields.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 5/2/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Energy and Natural Resources.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

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<pubDate>Wed, 20 Jun 2007 17:37:08 EDT</pubDate>
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