APNewsBreak: Black SC biz leaders back offshore drilling - FOX Carolina 21

APNewsBreak: Black SC biz leaders back offshore drilling

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Associated Press

COLUMBIA, S.C. (AP) - A group representing black business leaders in South Carolina supports drilling off of the state's coast.

The South Carolina African American Chamber of Commerce told The Associated Press on Tuesday that the expansion of offshore drilling could offer an economic boon for some of the state's impoverished areas, including many occupied by minorities.

Chairman Stephen Gilchrist told AP the chamber also supports lowering tax rates to make South Carolina more attractive for businesses. Gilchrist says many of the proposals emerged from a recent meeting at the White House with Treasury Secretary Steven Mnuchin.

Last week, the Trump administration announced a five-year drilling plan that could open new areas of oil and gas exploration in areas off the East Coast from Florida to Maine, where drilling has been blocked for decades.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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