Dec. 1 (Bloomberg) -- The Obama administration has reversed a decision to allow oil and natural-gas drilling in the eastern Gulf of Mexico and off part of the Atlantic coast following the BP Plc spill, an administration official said.
President Barack Obama won’t support new drilling in those areas in the administration’s next five-year plan for offshore exploration, according to the official familiar with the administration’s decision who spoke today on condition of anonymity before a planned announcement. Interior Secretary Ken Salazar may discuss the decision on a conference call with reporters later today.
Tags: Obama, drlling, energy, independence, offshore
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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