Barack Obama, Oil Drilling | featured news

Obama: No new Gulf drilling for 7 years

President Barack Obama will not be allowing new drilling in the eastern Gulf of Mexico for at least seven years, according to a senior administration official.

 

Obama to end ban on deep-water oil drilling in Gulf of Mexico

Obama to end ban on deep-water oil drilling in Gulf of Mexico

Months after the nation’s worst oil disaster, the Obama administration will lift its moratorium on deep-water drilling in the Gulf of Mexico, the White House announced Tuesday morning.

 

U.S.: 3,500 unused Gulf wells must be plugged

Energy companies in the Gulf of Mexico will have to permanently plug nearly 3,500 nonproducing wells and dismantle about 650 unused platforms, the Obama administration says.

 

Texas: Attorney General Sues Over Drilling Moratorium

The Texas attorney general sued the Obama administration on Wednesday over its new deepwater offshore drilling moratorium, claiming that it is unjustified and that federal officials did not contact the state before issuing the ban.

 

Obama to allow oil drilling off Virginia

Obama to allow oil drilling off Virginia

In a reversal of a long-standing ban on most offshore drilling, President Obama is allowing oil drilling 50 miles off Virginia's shore.

 

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