Quantcast

Latest United States offshore drilling debate Stories

2011-06-16 08:30:00

NEW ORLEANS, June 16, 2011 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO), a growth-oriented energy company in the oil and gas industry, today updates its stakeholders on drilling progress in Texas. Andrew V. Reid, Chairman & CEO of Treaty Energy Corporation, stated, "I am extremely pleased to announce that on Wednesday of this week we made the final payment on the Failing 1500 CF Truck Mounted Drilling Rig that was purchased in mid-April to drill wells on the Treaty owned...

2011-04-13 18:21:00

HOUSTON, April 13, 2011 /PRNewswire-USNewswire/ -- Jim Noe, Executive Director of the Shallow Water Energy Security Coalition, issued the following statement in response to approval of energy legislation by the House Natural Resources Committee: "We are pleased that the House has taken this first step to approve the American Energy Initiative. H.R. 1229, H.R. 1230 and H.R. 1231 are a welcome effort to expand offshore energy production, lower energy prices and create jobs. "In particular,...

bb552bf0b2b4b8751bbb69caa485eb76
2010-12-02 06:05:00

Interior Secretary Ken Salazar announced on Wednesday that the Obama administration will extend a deepwater oil-drilling ban in the eastern Gulf of Mexico and off the Atlantic coast through at least 2017. The move, which comes in the wake of the BP Gulf of Mexico oil spill, is a reversal of two key policy changes the President announced in March. Salazar said the Deepwater Horizon oil spill demonstrated that the administration needs "to proceed with caution" on resuming offshore drilling....

2009-02-10 18:53:00

WASHINGTON, Feb. 10 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi issued the following statement on today's announcement by Interior Secretary Ken Salazar that the public comment period on the Bush Administration's offshore drilling plan would be extended by 180 days, and that the Obama Administration will develop a framework for developing offshore renewable energy: "Today, Interior Secretary Salazar unveiled a new approach to reviewing the energy potential of the Outer Continental...

2008-11-14 03:00:21

The U.S. government has taken the first steps to open waters off the Virginia coast to drilling for oil and natural gas. The plan to sell drilling rights on the Outer Continental Shelf at least 50 miles from the coast must pass an environmental study and public comment period, The (Norfolk, Va.) Virginian-Pilot reported. The earliest drilling could begin would be 2011. Randall Luthi, director of the federal Minerals Management Service, announced the proposal Wednesday, saying the area may...

2008-10-14 03:00:29

By Hensarling, Jeb DeMint, Jim House Faces October 1 Deadline In just two weeks, on October 1, Americans could be celebrating American Energy Freedom Day. That's the day the bans on oil shale and offshore drilling for oil and natural gas in America will expire. Right off American shores there are reserves estimated to hold over 20 billion barrels of oil and 97 trillion cubic feet of natural gas. And in the West, oil shale is estimated to hold between 800 billion and two trillion barrels...

2008-10-13 03:00:31

By Anonymous Offshore drilling has created a $70 billion-a-year industry and more than 300,000 jobs in Louisiana. It also has fueled a heated debate over tapping oil and natural-gas deposits off the North Carolina coast, though few have asked what kind of impact it would have on the Tar Heel economy. "Nobody knows," says Jim Smith, an economist at Western Carolina University in Cullowhee. "That's the only answer." UNC Greensboro economist Andrew Brod agrees. Though it would be a drop in the...

2008-09-24 21:00:14

By Andrew Taylor WASHINGTON - Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a monthslong battle with the White House and Republicans set off by $4-a-gallon gasoline prices this summer. House Appropriations Committee Chairman David Obey, D-Wis., told reporters Tuesday that a provision continuing the moratorium will be dropped this year from a stopgap spending bill to keep the government...

2008-09-24 09:00:08

By Andrew Taylor Associated Press WASHINGTON -- Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer. House Appropriations Committee Chairman David Obey, D-Wis., told reporters Tuesday that a provision continuing the moratorium will be dropped this year from a stopgap spending bill to...

2008-09-17 18:00:21

By H. JOSEF HEBERT WASHINGTON - Offshore oil drilling, which has dominated energy debates in the presidential campaign, is now coming to the Senate. The House late Tuesday approved on a 236-189 vote legislation that would open waters 50 miles off the Pacific and Atlantic coasts to oil and natural gas development - if the adjacent states agree to go along. The legislation now goes to the Senate, where Democratic leaders are expected to mold it to their liking in the next few days. So...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.