oil drilling

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Drilling Ban Put 23K Out of Work

But BP's paying for it, White House says

(Newser) - The federal moratorium on deepwater drilling isn't helping unemployment, with some 23,000 workers out of work as a result if the ban holds for six months. A July 10 White House memo showed that the ban would idle 9,450 people directly, and another 14,000 indirectly, reports the...

As US Sits, Other Nations Press Ahead on Drilling

Canada, Norway among those leading the way

(Newser) - While the Obama administration moratorium on new offshore drilling remains in place, other countries are moving forward with their drilling projects. Brazil, Nigeria, and Angola are among those taking advantage of the suddenly available drilling resources and rigs freed by the moratorium, reports the Washington Post .

New Containment Cap Reaches Oil Well
 New Containment Cap 
 Reaches Oil Well 
UPDATED

New Containment Cap Reaches Oil Well

Feds revise deepwater drilling ban

(Newser) - A new containment cap has just moved into position atop the ruptured oil well beneath the site of the Deepwater Horizon disaster, and officials are taking a wait-and-see attitude about the new equipment, MSNBC reports. "Until we have the cap on, securely fitted in place, and know it's operating...

Judge Won't Delay His Ruling to Lift Moratorium

White House wanted a stay while it appeals to higher court

(Newser) - A federal judge in New Orleans has refused to delay his decision to strike down a 6-month moratorium on deepwater drilling imposed after the oil spill in the Gulf of Mexico. The Justice Department had asked US District Judge Martin Feldman to stay his ruling while it appeals to the...

BP Plans Risky Drilling From Fake Alaska Island

Project not affected by any offshore moratorium

(Newser) - BP awaits final go ahead for its next ambitious drilling project, reports the New York Times, this time just off the Alaskan coast. Although approved as an onshore project, and thus not affected by a moratorium on offshore drilling, the location sits three miles off the coast in the Beaufort...

Judge Blocks Drilling Ban; White House Will Appeal

Affected companies oppose 6-month moratorium

(Newser) - The Obama administration may not impose a 6-month moratorium on deepwater oil drilling in the Gulf of Mexico, a federal judge in New Orleans ruled today. The White House immediately said it plans to appeal the decision, CNN reports . The Interior Department imposed the ban in the wake of the...

Louisiana Oil Industry Fears Drilling Ban Fallout

State projects loss of 20K jobs during 6-month moratorium

(Newser) - President Obama's 6-month drilling moratorium in the Gulf of Mexico is intended to head off another environmental disaster, but it may end up causing an economic one. The oil industry makes up one-sixth of Louisiana's GDP, and the state estimates the ban would result in 20,000 jobs lost, NPR...

EPA Considers Cutting All Contracts With BP

Move would cost the company billions of dollars

(Newser) - News to cheer those who say the government has gone too easy on BP: The EPA is considering scrapping its federal contracts, a move that would cost the company billions, reports Pro Publica . It's far from a done deal, and any such action would depend on the results of the...

BP's Safety Record Murky
 BP's Safety Record Murky 

BP's Safety Record Murky

Refinery blast, pipeline spill, safety violations

(Newser) - As the Gulf of Mexico turns into an oil-slicked environmental disaster, BP is quick to point the finger at Transocean, the owner and operator of the doomed Deepwater Horizon. But, as the New York Times reports, the oil giant itself has a history littered with spills, blowouts, safety violations, and...

Oil Drilling Yields First Spat Between Gore, Obama

Former VP's alliance issues statement critical of plan

(Newser) - President Obama's decision to allow offshore drilling in the Atlantic has resulted in his first public disagreement with Al Gore. The former vice president's environmental group issued a statement critical of the policy, asserting that we "cannot simply drill our way to energy security." In the past, Gore...

Pundits Skeptical on Obama Drilling Plan

Some doubt that the legislative strategy will pay off

(Newser) - President Obama's plan for more offshore drilling has critics on the left and right quick to weigh in:
  • Rick Klein, the Note : "It has the looks of a classic Obama first step that leaves no one satisfied—and irks some allies."
  • Matthew Yglesias, Think Progress : "I don’
...

BP Discovers Huge Oil Store in Gulf of Mexico

Firm drills world's deepest oil well, finds 3B barrels

(Newser) - BP discovered a massive oil cache under the Gulf of Mexico after drilling the world’s deepest exploration well, Bloomberg reports. The discovery at Tiber Prospect may hold reserves equivalent to 3 billion barrels. In order to find it, BP engineers drilled to a total depth of 35,055 feet—...

Peru Army Cracks Down on Amazon Eco Uprising

(Newser) - The Peruvian Army has imposed a curfew and set up checkpoints following deadly clashes with indigenous tribes protesting plans to drill for oil and gas in ancestral homelands in the Amazon region, reports the BBC. Dozens of people, both police and protesters, were killed in the clashes that mark the...

Untapped Oil Could Lube US-Cuba Ties

(Newser) - Oil trapped deep in the Gulf of Mexico could help ease the US-Cuba trade ban and decades of strained relations, the Washington Post reports. With 5 billion to 20 billion barrels of crude lying untapped in Cuba's territorial waters, some experts argue it's time for US companies to help drill...

US Drilling Boom Stalls for Oil, Gas

(Newser) - It doesn't pay to drill, baby, drill anymore. Falling world prices have brought an end to the boom in domestic drilling for oil and natural gas, the New York Times reports. Last summer, 2,400 gas and oil rigs were deployed in the hunt for energy. Today, that figure is...

US Halts Bush Plan for Offshore Drilling

(Newser) - Interior chief Ken Salazar isn't quite ready to drill, baby, drill. Salazar said today that a last-minute Bush initiative opening up millions of offshore acres to oil drilling would be shelved pending a 6-month review, the San Francisco Chronicle reports. The policy affects much of the East and West coasts....

Bush Policies Will Blow Through Nat'l Parks for Years

Putting commerce over conservation, White House stifled scientists' protests

(Newser) - Views of spacious skies and purple mountain majesties in US national parks may soon be interrupted by industrial roads and power lines, after years of Bush policies that pushed commerce over conservation, reports the Los Angeles Times. And unlike the many decisions that President Obama can quickly reverse, the changes...

Student May Face Fed Charges for Fake Drilling Bids

Activist infiltrated auction, won 22,000 acres of federal land at auction in protest

(Newser) - A Utah college activist may face federal charges and jail for making bids he can't afford on scenic tracts in a federal drilling auction last month, the Washington Post reports. Economics student Tim DeChristopher wielded his red auction paddle 13 times to snag $1.8 million in property before federal...

Greenland Votes for Self-Rule
 Greenland Votes for Self-Rule 

Greenland Votes for Self-Rule

Danish territory wants to control own police force, oil fields

(Newser) - Three-fourths of the Greenlanders who voted in yesterday’s referendum on self-rule want more autonomy from Denmark, Time reports. The historic vote—which must still be adopted by parliaments in Copenhagen and Nuuk—puts the world’s largest island on the path to becoming the first independent Inuit state. But...

Texas Energy Boom Goes Bust
Texas Energy Boom Goes Bust

Texas Energy Boom Goes Bust

High oil, gas prices insulated state from economic turmoil, but no longer

(Newser) - Oil’s tumbling price is causing the Texas economy to slip, narrowing the economic gap between it and the rest of the US as unemployment flares and tax revenues and housing prices slide, reports the Wall Street Journal. “Until 30 days ago, there was no feeling at all that...

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