Thursday, December 02, 2010

OIL DRILLING - Big Oil, "Lets Drill in Hurricane-Ally"

"U.S. Halts Plan to Drill in Eastern Gulf" by JOHN M. BRODER and CLIFFORD KRAUSS, New York Times 12/1/2010


The Obama administration announced on Wednesday that it had rescinded its decision to expand offshore oil exploration into the eastern Gulf of Mexico and along the Atlantic Coast because of weaknesses in federal regulation revealed by the BP oil spill.

Interior Secretary Ken Salazar said that a moratorium on drilling would be in force in those areas for at least seven years, until stronger safety and environmental standards were in place. The move puts off limits millions of acres of the Outer Continental Shelf that hold potentially billions of barrels of oil and trillions of cubic feet of natural gas.

The decision essentially reverses the much-disputed drilling plan announced in March, which would have initiated environmental studies and exploration activity in previously untouched areas off the Gulf Coast of Florida and along the East Coast from Florida to Delaware.

Bold-blue emphasis mine

DUH, can you believe this?! As if drilling in hurricane-ally is EVER a good idea?

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