Obama to Open New Offshore Drilling
Atlantic drilling to open up first time in 20 years
By Rob Quinn,  Newser Staff
Posted Mar 31, 2010 4:44 AM CDT
Updated Mar 31, 2010 7:21 AM CDT
The US Geological Survey believes America's Atlantic coast waters may hold 4 billion barrels of oil.   (AP Photo/Chris Carlson, file)
camera-icon View 1 more image

(Newser) – President Obama plans to clear the way for drilling for oil and gas in new areas off the Atlantic coast, Alaska, and in the Gulf of Mexico, administration officials say. The proposal—to be unveiled today at a joint press conference with Interior Secretary Ken Salazar—keeps intact the moratorium on new drilling off the Pacific coast and the Atlantic coast from New Jersey north, but lifts it for a vast area off Virginia.

Alaska's environmentally sensitive Bristol Bay will be protected from drilling but large areas of the Chukchi and Beaufort seas will be studied to see if drilling is viable. The compromise plan may help Obama gain some support for his climate bill from lawmakers with oil industry connections, although he is certain to face a backlash both from environmentalists and the governors of some of the states affected, the New York Times. notes.

 

My Take on This Story
Show results without voting  |  
9%
2%
18%
24%
46%
1%