U.S. legislators are weighing the prospects of oil and gas development in the Atlantic Ocean, where an industry group expects major resource production by 2035. The House Subcommittee on Energy and Mineral Resources scheduled a hearing Friday to review plans for seismic exploration that would provide a better understanding of the resource potential in the Atlantic Ocean.

Read more: http://www.upi.com/Business_News/Energy-Resources/2014/01/07/US-House-set-for-Atlantic-reserve-potential-review/UPI-50471389100253/#ixzz2pl6YMzdN