Posted: Nov 20, 2013 12:04 PM
Updated: Nov 20, 2013 12:45 PM
Source: Associated Press
WASHINGTON - Three bills to speed up oil and natural gas drilling are being considered in the U.S. House of Representatives.
One of the bills that's expected to win approval in the Republican controlled House today would restrict the Interior Department from enforcing proposed rules on hydraulic fracturing, or fracking, on public lands.
Another would set strict deadlines for approval of oil and gas permits.
A third bill would streamline natural gas pipeline permitting.
Supporters say the bills will help the country take advantage of an oil and gas boom that has the U.S. producting more oil last month than it imported.
President Obama says he'll veto the bills.
He says they ignore the needs for safeguards in oil and gas drilling.