Offshore drilling faces strong coastal opposition and calls for rules
Interior Assistant Secretary Roy Hughes notes that after 18 months of campaigning the public remains wary of offshore oil exploration off Atlantic Pacific and Alaskan coasts. Governors and states press for a share of revenues and a role in decision making while Congress debates coastal zone reforms and a proposed $200 million federal fund to aid planning and compensate impacts.
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Offshore oil leasing reforms debated amid state and federal bids
Legislation would create a new system for offshore leasing with state and federal participation. Proposals include leasing shares, larger geological structures, and regional coastal compacts, while Interior opposes changes like banning joint bidding. Critics say the current whole-lease system favors big oil and limits smaller firms. The debate includes delaying state leasing requests and keeping national aims intact. Crime prevention jobs advertised in Victoria Texas with required experience and certification.
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Military cutback in San Antonio faces possible reversal
U S Rep Henry B Gonzalez urged Texas Senators Tower and Bentsen to push to curb civilian manpower cuts in military procurement. He noted the House approved a 10 000 civilian job reduction threatening 1300 to 1500 jobs at Kelly AFB, while the Senate voted to increase the overall cut by 23000 jobs, worsening impact on Kelly AFB.
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Why Consumers Are Borrowing: A June Uptick Scrutinized
New York AP notes June consumer credit rose by 545 million to 186.1 billion, the second gain after five months of decline. Analysts debate whether borrowing signals recovery or fear of rising prices driving purchases before costs rise, with future price hikes and inflation expectations cited as factors. Farm prices also rose 3 percent for the month ending July 15.
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