Lawsuits Stop Offshore Drilling in Its Tracks

Discussion in 'Energy' started by WillowTree, Nov 25, 2008.

  1. WillowTree
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    WillowTree Diamond Member

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    By Yanmie Xie--
    Oil and gas companies appeared to score an all-out victory over the summer when President Bush lifted an executive ban on offshore drilling and congressional Democrats let a moratorium expire soon after. But those who think nothing stands between oil rigs and the outer continental shelf are dead wrong.

    "Every lease that has been granted in the last several years has been immediately challenged in the lawsuits � 100 percent," said Rep. Virginia Foxx, R-N.C.

    When the ban was lifted, the federal government was permitted to sell drilling leases three miles off the nation's coastlines, free of state objections.

    The Interior Department has already started surveying the water and has drawn up maps for lease sales. So far, the government has collected $8.4 billion from the five-year leasing plan that covers 2007 to 2012. Another round of sales will be held next March.


    Lawsuits Stop Offshore Drilling in Its Tracks - FOXNews.com Transition Tracker





    How many times did you hear that Pelosi prune and her leftist Democrats who fly all around in their private jets that the oil companies had all the acreage they needed to explore and drill in??? Hundresds of times, It's one of them make yer ears bleed left wing talking points.. Americans are going to catch any breaks when it comes to getting their own energy, you'll have to fart yer way to work. All our money is going to continue pouring into the middle east, while we get poorer and pooer.. Happy days are here again.
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Offshore drilling moratorium costing jobs...
    :eusa_eh:
    13,000 Jobs Worth $1.1 Billion in Wages Lost Nationally Since Offshore Drilling Moratorium Imposed
    Monday, March 21, 2011 - At least 13,000 jobs have been lost since last summer’s moratorium on offshore oil production, surpassing projected job losses in a 2010 study by thousands, according to the Louisiana State University professor who authored the study.
    See also:

    U.S. Offshore Drilling Czar ‘Not Thoroughly Familiar’ with Billions in Lost Royalties from Offshore Drilling
    Monday, March 21, 2011 – The head of the federal agency responsible for overseeing offshore oil drilling could not directly answer questions posed by Rep. Jim Moran (D-Va.) about billions of dollars in lost revenue from offshore oil and natural gas wells that are not paying royalties to the federal government for operating in U.S. waters.
     

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