Steven Holt: “I thank my friend. According to the Interior Department, today's…”

On the recordJune 20, 2012

I thank my friend. According to the Interior Department, today's leases that were bid on today, which have some lease standards apply that require increasing rental rates and shorter lease terms--the very things that the folks on the other side of the aisle here say would be killers, would stop the drilling--were record-setting lease sales, bringing in $11.7 billion even with these new conditions for offshore drilling; and they're saying what works here offshore won't work on the lands that we are talking about in this legislation. Now, I'll tell you what's a killer in this. A killer is the relaxing of the public health and environmental standards in the legislation. That's literally a killer.

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Steven Holt

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govinfo.gov

Jun 20, 2012

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Steven Holt: “I thank my friend. According to the Interior Department, today's leases that were bid on today, which have some lease…”