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DrillingBan
Obama Bans New East Coast Offshore Drilling: 3 Possible Reasons
By Steven Hoffer - AOL News(Dec. 1) -- Don't drill, baby, don't drill. Reversing its pre-BP oil spill disaster position, the Obama administration announced today that it will not engage in offshore drilling on the East Coast of the U.S. and the eastern Gulf of Mexico region, according to The Associated Press. The original policy, announced three weeks before the gulf oil spill, would have permitted authorized drilling from the Delaware coast to waters near central Florida, as well as in northern Alaska. The new policy, however, does maintain the possibility for drilling near Alaska. "Our revised strategy lays out a ...
Offshore Drilling Ban Expires
By Mark Impomeni - Politics DailyTwenty-seven years after it was first established, he Congressional ban on offshore drilling officially and quietly expired today. The ban was not a prohibition on drilling per se. Rather, it was a ban on appropriating money for the Interior Department to process of new drilling leases. With the beginning of the new fiscal year, that prohibition will end, once Congress passes a budget resolution that restores the funding. After years of opposition to increasing domestic supplies of energy, a full year of fighting House Republicans on the issue, and a summer of defending itself against a vocal ...
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