UPDATE 1-Florida Democrat seeks halt to offshore exploration

(Updates with quotes, details)

MIAMI, April 29 (BestGrowthStock) – Florida Democratic Senator Bill
Nelson, citing the risk of a potential “environmental and
economic disaster” from the Gulf oil spill, said on Thursday he
was filing legislation to temporarily prohibit the Obama
administration from expanding U.S. offshore drilling.

“Until we learn what happened, I’m asking that you also
call for an immediate halt to test wells and all other
exploratory operations in coastal waters,” Nelson said in a
letter to Obama released by his office.

Nelson, who has previously expressed concerns about plans
to open up U.S. coasts and waters to more oil and gas drilling,
said the proposed pause should remain in effect pending the
outcome of federal investigations into the spill from the blown
out Deepwater Horizon well off Louisiana.

“I am filing legislation that would for the time being
prohibit the Interior Department from acting on your
administration’s plans to expand offshore drilling, including
seismic testing and other exploratory operations,” he said in
his letter.

Nelson said the move was prompted by concerns about oil
industry practices in the wake of the Gulf spill.

“As I have argued for decades, drilling too close to the
coast poses too great a threat to the economy and environment
of Florida and other coastal states.

Stock Market Today
(Reporting by Tom Brown and Pascal Fletcher; Editing by Doina

UPDATE 1-Florida Democrat seeks halt to offshore exploration