Drilling expansion dead in US Congress -Sen Nelson

WASHINGTON, May 4 (BestGrowthStock) – Plans by U.S. President
Barack Obama to expand oil drilling off the eastern coast of
the United States are “dead on arrival” in Congress after the
massive oil spill in the Gulf of Mexico, Democratic Senator
Bill Nelson said on Tuesday.

Nelson, of Florida, made the prediction to reporters at a
new conference where he and two other anti-drilling Democratic
senators also called for a huge increase in the cap on
oil-company liability related to environmental disasters.

Investing Analysis

Drilling expansion dead in US Congress -Sen Nelson