Execs reiterate need for offshore growth:

02/25/2009 | Houston Chronicle (tiered subscription model)

Representatives from the oil and natural gas industry spoke in advance of appearing at a hearing today by the House Natural Resources Committee to discuss proposed drilling on the Outer Continental Shelf. "While we are busy developing alternative energy and doing research to see what might be out there in the future ... this administration needs to do what it can to nurture and develop our historic sources" of energy, said Larry Nichols, chairman and CEO of Devon Energy.

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