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five-year plan

Coastal states launch new bid for offshore drilling dollars

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Senators from Texas, Alaska and other coastal states have launched a fresh campaign to siphon off more of the revenue that flows to the federal government from offshore drilling.
From left, Sen. Thom Tillis, R-N.C., Rep. Rob Bishop, R-Utah, Bureau of Ocean Energy Management Director Abigail Hopper and North Carolina Gov. Pat McCrory discuss federal regulations, drilling and seismic studies at the Offshore Technology Conference.

Gov. Pat McCrory at OTC: Drilling dollars essential to sell offshore exploration along East Coast

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For coastal states to support offshore drilling near their shores, they have to glean some of the dollars tied to that activity, North Carolina’s governor told OTC.
(Dado Galdieri/Bloomberg)

Shell exec: U.S. risks losing drilling dollars to Brazil, Canada and Mexico

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The Obama administration’s plan for selling offshore oil and gas leases from 2017 to 2022 could jeopardize the United States’ competitiveness as Brazil, Canada, Mexico and other countries aggressively compete for drilling dollars, a Shell executive told Congress.
Kijjiketchme Southern-Fox, from Salisbury, Md., protests proposed offshore oil and gas development in Atlantic waters outside a March 9 public meeting in Annapolis, Md. Southern-Fox said he is concerned about the potential ecological damage of oil development -- "a spill is inevitable anywhere they drill; it's just a matter of time" -- but also wants to see the United States transition swiftly away from fossil fuels. "Even if they were to open up a drill in the ocean and even if it never spilled, we'd still be dealing with the carbon output," he said.

Tensions ignite on East Coast as White House weighs Atlantic drilling

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The prospect of a new generation of Atlantic drilling is stirring a heated debate up and down the East Coast.
(Eddie Seal/Bloomberg)

Oil industry to Obama: Stop excluding Atlantic drilling leases

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Oil industry leaders on Monday pressed the Obama administration to reverse course and schedule two auctions of drilling rights in the Atlantic, not just the single sale now penciled in for 2021.
U.S. Senator Ed Markey, D-Mass (SAUL LOEB/AFP/Getty Images)

East Coast Democrats protest Atlantic oil drilling

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Sixty-five lawmakers told the Obama administration to reconsider a plan to sell oil and gas drilling leases along the East Coast.
(Photo courtesy of Shell Oil Co.)

Offshore drilling plan targets Atlantic and Arctic waters

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The Obama administration’s proposal for 10 auctions of drilling rights in the Gulf of Mexico, three targeting Arctic waters and one of Atlantic acreage is alienating both environmentalists and the oil industry.
Oil facilities pop up from the shallow continental shelf in the Gulf of Mexico. More than five decades after the shallow waters of the Gulf were first explored, it is still being tapped. (Jennifer A. Dlouhy / Houston Chronicle)

Obama administration opens door to Atlantic drilling

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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.
(U.S. Fish and Wildlife Service via The New York Times)

Republicans vow to fight administration on Arctic drilling

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Republicans lashed out at what they called a “triple whammy” of Obama administration actions that could limit oil development in and around Alaska, including new protections in the Arctic National Wildlife Refuge and a coming plan for selling offshore drilling rights.
South Carolina would be among the states to reap benefits from offshore drilling, but some officials argue fishing and tourism could be threatened. Pictured, North Myrtle Beach, South Carolina. (Photo by Loren Steffy)

Study: East Coast states could cash in on offshore drilling

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North Carolina, South Carolina and Virginia could rake in billions if the Interior Department opens up auctions on leases along the Atlantic Coast, according to the study.