Quantcast

Latest United States offshore drilling debate Stories

2008-07-21 12:01:17

By Liz Mitchell, The Island Packet, Hilton Head Island, S.C. Jul. 19--Despite a push by some in the South Carolina business community to drill for oil off shore, geologists say such efforts will bring no quick relief at the pump. Those same scientists say the waters off the Palmetto State have little oil to offer. The Charleston-based Citizens for Sound Conservation began a statewide campaign this week called "Bury the Ban" and is urging Congress to allow the ban on offshore...

2008-07-20 09:00:35

By EILEEN LEVANDOSKI By Eileen Levandoski 1. Drilling now would have no effect on fuel prices until 2030 and provide little return on investment. If natural gas production in the Atlantic region started in 2011, as proposed, it would have no impact on domestic crude oil and natural gas production or prices until 2030 - definitely not a timely source of revenue for solving Virginia's current transportation crisis or a source for heating our homes this winter. Prices for drill ships/rigs...

2008-07-20 06:00:23

By David Ivanovich and Kristen Hays, Houston Chronicle Jul. 20--WASHINGTON -- When a Union Oil Co. well six miles off the California coast blew out in January 1969, an estimated 80,000 barrels of crude spewed into the Santa Barbara Channel -- fouling beaches and marring the offshore industry's reputation. With the nation now debating whether to open more areas offshore to oil and gas drilling, the oil industry can rightly claim it has avoided a repeat of that catastrophe, even as...

2008-07-17 15:00:00

IN SEIZING on the gas price shock to push for more aggressive domestic oil exploration, the Bush administration is following a familiar pattern. A national crisis has become fodder for advancing a preexisting and only loosely related piece of the president's agenda. "For years, my administration has been calling on Congress to expand domestic oil production," Bush said this week. Note that this has been on the president's to-do list "for years"; the currently soaring price of oil is only an...

2008-07-16 15:01:02

By Gareth McGrath, Star-News, Wilmington, N.C. Jul. 15--Responding to growing anger over rising energy prices, state Republicans on Tuesday introduced a resolution to allow North Carolinians to decide whether offshore oil and gas exploration and drilling should be allowed off the state's coast. Currently, Congress has the final say on whether any new offshore drilling will be allowed. The resolution asks that North Carolina's congressional delegation support legislation to return...

2008-07-16 15:01:02

Backgrounder: U.S. oil resources, offshore drilling bans BEIJING, July 15 (Xinhua) -- U.S. President George W. Bush on Monday lifted an executive ban on offshore oil drilling, while calling on Congress to act in a bid to tackle soaring oil prices. The United States is rich in oil reserves. According to statistics from the U.S. Energy Department, its proven oil reserves stand at 20.9 billion barrels, the world's 11th richest, while its daily crude oil output reached 5.1 million barrels...

2008-07-16 06:00:40

Putting pressure on congressional Democrats to allow more domestic exploration, President Bush on Monday lifted an 18-year- old executive order banning offshore oil drilling. The president has also proposed opening the Arctic National Wildlife Refuge for drilling; lifting restrictions on oil shale leasing in the Green River Basin of Colorado, Utah and Wyoming, and easing regulations that block expanded oil refining capacity. "The only thing standing between the American people and these...

2008-07-16 00:00:29

By David Lightman and Renee Schoof WASHINGTON - President Bush on Monday lifted the 18-year-old White House ban on offshore drilling, but his action is likely to have no impact on prices or supplies anytime soon, if ever. Bush talked tough Monday, appearing in the Rose Garden and explaining that "with this action, the executive branch's restrictions on this exploration have been cleared away. "This means that the only thing standing between the American people and these vast oil...

2008-07-15 09:01:22

By Rod Walton, Tulsa World, Okla. Jul. 15--Local oil industry officials and state leaders praised President Bush for lifting the 18-year executive ban on offshore drilling Monday and urged Congress to do the same. Congressional Democrats and environmentalists criticized the move. Several energy company officials admitted that actual exploration and production would be years down the road but said moving forward soon was a big step in the right direction. "Anything makes a difference,"...

2008-07-15 09:01:21

By Ben Feller Associated Press WASHINGTON -- 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. With gas prices topping $4.10 a gallon nationally, Bush made his most assertive move to extend oil exploration, an energy priority of his presidency. By lifting the executive...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
Related