January 27, 2015
OUR REPUBLICAN PRESIDENT:
Obama signals opening up Atlantic Ocean to drilling for first time, removes areas off Alaska (DINA CAPPIELLO, 1/27/15, Associated Press)
The proposal envisions auctioning areas located more than 50 miles off Virginia, North and South Carolina, and Georgia to oil companies no earlier than 2021, long after President Barack Obama leaves office. For decades, oil companies have been barred from drilling in the Atlantic Ocean, where a moratorium was in place up until 2008.The plan also calls for leasing 10 areas in the Gulf of Mexico, long the epicenter of U.S. offshore oil production, and three off the Alaska coast."This is a balanced proposal that would make available nearly 80 percent of the undiscovered technically recoverable resources, while protecting areas that are simply too special to develop," Interior Secretary Sally Jewell said in a conference call with reporters. "The areas off the table are very small in comparison to areas on the table."
Posted by Orrin Judd at January 27, 2015 2:05 PM
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