Finally - oil exploration opening up

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Some great news - from The Hill:

Hunt for oil and gas to begin off East Coast
The Obama administration opened up the Atlantic to oil and gas exploration for the first time in nearly four decades on Friday.

The announcement from Interior's Bureau of Ocean Energy Management (BOEM) allows the use of air guns and sonic sensors to search off of the East Coast.

It is a major step toward allowing future drilling in the Atlantic, which has remained off-limits for over 30 years.

While the decision doesn't guarantee that lease sales for drilling in Atlantic waters will be included in the Interior Department's five-year plan for 2017-2022, it is a step in that direction.

"After thoroughly reviewing the analysis, coordinating with Federal agencies and considering extensive public input, the bureau has identified a path forward that addresses the need to update the nearly four-decade-old data in the region while protecting marine life and cultural sites,” acting BOEM Director Walter D. Cruickshank said.

Geophysical research companies contracted by the oil and gas industry will still need to apply for individual permits before conducting tests and undergo strict environmental reviews.

Still, the decision is a win for industry, which will get a chance to prove the potential in the Atlantic for oil, gas, and renewable energy.

Nice to see that there are at least some clear-thinking people in DC

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About this Entry

This page contains a single entry by DaveH published on July 18, 2014 4:08 PM.

Speaking of the devil - Bill Whittle's newest video was the previous entry in this blog.

Glad I got mine when I did. Kalashnikov firearms are now banned in the USA. Thanks Barry! is the next entry in this blog.

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