NEW ORLEANS - A federal judge struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico as rash and heavy-handed Tuesday, saying the government simply assumed that because one rig exploded, the others pose an immediate danger, too. The White House promised an immediate appeal. The Interior Department had imposed the moratorium last month in the wake of the Deepwater Horizon disaster, halting approval of any new permits for deepwater projects and suspending drilling on 33 exploratory wells.
Imagine a scenario in which NFL officials - investigating an aggressive and illegal hit - decided to suspend all play by all teams for the entire season pending a full investigation into the adequacy of safety equipment. Now consider how those circumstances would play out if Commissioner Roger Goodell were President Obama, the league were America's oil and gas sectors and the canceled season were the offshore drilling ban. It's not that federal regulators are asking the wrong questions; it's that they're going about resolving them the wrong way. This is a dilemma worth pondering, especially as the president's National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling meets today and tomorrow in Washington to review the causes of the April 20 explosion. As is the cas...
ARLINGTON, Va., Dec. 6, 2010 /PRNewswire-USNewswire/ -- The Obama Administration dealt a blow to American consumers last week by announcing plans to scale back the federal offshore leasing program to limit domestic oil and gas exploration. (Logo: http://photos.prnewswire.com/prnh/20100129/ATALOGO)
WASHINGTON -- President Bush plans to make a renewed push today to get Congress to end a long-standing ban on offshore oil and gas drilling, echoing a call by GOP presidential candidate John McCain. Congressional Democrats have opposed lifting the prohibitions on energy development on nearly all federal Outer Continental Shelf waters for more than a quarter-century, including waters along both the East and West coasts.
WASHINGTON - The Obama administration on Thursday imposed new rules to make offshore drilling safer, but said it was not yet ready to lift a temporary ban on deepwater drilling. Interior Secretary Ken Salazar called offshore drilling inherently risky and said, "We will only lift the moratorium when I, as secretary of Interior, am comfortable that we have significantly reduced those risks.
SMU professor highlights negative impacts of new Interior restrictions on offshore oil, natural gas operations DALLAS, July 12 /PRNewswire-USNewswire/ -- Responding to the U.S. Department of Interior's announcement today of new restrictions on deepwater oil and natural gas projects, Dr. Bernard Weinstein, associate director of the Maguire Energy Institute at Southern Methodist University's Cox School of Business, released the following statement:
NEW ORLEANS - A federal judge struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico as rash and heavy-handed Tuesday, saying the government simply assumed that because one rig exploded, the others pose an immediate danger, too. The White House promised an immediate appeal. The Interior Department had imposed the moratorium last month in the wake of the Deepwater Horizon disaster, halting approval of any new permits for deepwater projects and suspending drilling on 33 exploratory wells.
WASHINGTON -- The House voted Thursday to end a quarter-century offshore drilling ban and allow energy companies to tap natural gas and oil beneath waters from New England to Alaska. Opponents of the federal ban argued that the nation needed to move closer to energy independence and insisted the gas and oil could be taken without threatening the environment and coastal beaches. They said a state choosing to keep the moratorium could do so.
WASHINGTON (AP) - President Bush on Monday lifted an executive ban on offshore oil drilling and challenged Congress to follow suit, aiming to turn the enormous public frustration about gasoline prices into political leverage. Democratic lawmakers rejected Bush's plan as a symbolic stunt.
WASHINGTON - The House, responding to growing public demand for more domestic energy, voted Wednesday to end a quarter-century ban on oil and natural gas drilling off the Atlantic and Pacific coasts, giving Republicans a major victory on energy policy. An extension of the ban for another year was left off a $630 billion-plus stopgap government spending bill that President Bush had threatened to veto - possibly shutting down the government - if the anti-drilling measure were included.
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