Posts filtered on Tag
The prospect of a new generation of Atlantic drilling is stirring a heated debate up and down the East Coast.
The Obama administration is poised to unveil a draft plan for selling offshore oil and gas leases that is expected to rule out auctioning drilling rights in parts of the Atlantic Ocean as well as in some Arctic waters and along the West Coast between 2017 and 2022.
The United States is exporting more petroleum products, most of which is coming from the Gulf Coast.
Oil development in Atlantic waters from Africa to Canada should encourage the Obama administration to sell drilling leases in waters hugging the East Coast, a leading industry trade group said Wednesday.
The Obama administration on Friday gave the oil industry the green light to use air guns and sonic sensors to search for possible oil and gas under Atlantic waters, overriding environmentalists concerned that the seismic research can harm whales and other marine life.
A conservation group is hoping a little star power will draw more attention to its concerns about seismic oil and gas research proposed in Atlantic waters off the east coast.
As freezing weather drained stockpiles of propane to their lowest seasonal level in two decades on the U.S. East Coast this month, shivering New Englanders couldn’t tap abundant supplies sailing out of Texas. The reason? The Jones Act.
The Obama administration is on track this week to release a final environmental analysis that would help pave the way for the first seismic studies in decades to pinpoint oil and gas off the East Coast, as well as potential drilling in the 2020s.
If companies were allowed to drill for oil and gas in Atlantic waters off the East Coast, the work would help create nearly 280,000 new jobs and contribute some $23.5 billion to the U.S. economy each year by 2035, according to a study unveiled Thursday by two industry trade groups.
Energy industry leaders are fretting that it could be a decade before the federal government allows them to hunt for oil and gas along the East Coast, unless the Obama administration shifts its approach to offshore drilling.