Agency calls on Congress to end drilling ban

By Ayesha Rascoe WASHINGTON (Reuters) - Lifting the congressional ban on offshore drilling would likely increase U.S. oil and natural gas production above the government's current estimates, the U.S. Interior Department said on Monday. Based on data more than 25 years old, the Interior Department estimates that drilling on federal lands off the U.S. coasts could produce 18 billion barrels of oil and 76 trillion cubic feet of natural gas. Exploration of the outer continental shelf for oil and natural gas has been hampered in the past two decades by both a congressional moratorium and a presidential executive order against drilling but if the bans were overturned the department expects better technology would probably detect more oil and gas. "We have to have a reliable source of oil and gas, and the outer continental shelf... [read full story]