And again the call has been raised to stop
more offshore oil drilling.
Just a day shy of 100 days into his presidency, Trump signed an executive order to open
more offshore oil drilling in U.S. waters.
Not exact matches
Oil service companies are getting hit because they are focusing their efforts on offshore drilling, an industry struggling due to low oil prices that can not justify conducting more typically lucrative deep - water drilling projec
Oil service companies are getting hit because they are focusing their efforts on
offshore drilling, an industry struggling due to low
oil prices that can not justify conducting more typically lucrative deep - water drilling projec
oil prices that can not justify conducting
more typically lucrative deep - water
drilling projects.
In addition to tax changes (
more on that below), Trump's plan to grow the economy focuses largely on generating
more jobs in the fossil fuel economy (in coal and onshore and
offshore drilling for
oil and gas) and as a result of new infrastructure projects.
By a 20 - percentage point margin, citizens are
more likely than scientists to favor
offshore oil drilling.
Senator Charles Grassley, the Iowa Republican, has sent a letter pressing the Department of Interior for
more information on its questionable oversight of
offshore oil drilling.
For example, an «energy security fee» of $ 3.50 per barrel of imported
oil would raise approximately $ 15 billion annually; reduced fossil fuel subsidies as proposed by the administration could generate upwards of $ 35 billion over ten years; a utilities electricity fee could raise at least $ 2 billion annually, as included in the Kerry - Lieberman American Power Act; and royalties on new
offshore continental shelf
drilling could raise
more than $ 100 billion over twenty years.
Just a few weeks prior to the BP
oil spill, President Obama announced that
more areas would be opened up for
offshore drilling, though a compromise was made which kept several areas the
oil industry wanted access to off limits.
What's
more,
offshore oil drilling will not guarantee lower fuel prices —
oil is a global commodity, and US production is not big enough to influence global prices.
«Thinking that there is
more oil to be
drilled offshore gives people a false sense of hope that there's actually enough
oil out there to make us energy independent,» says Jonathan Dorn, staff researcher at the Earth Policy Institute.
In fact, he raised
more than one million dollars from big
oil just last month, most of which came after he announced his plan for
offshore drilling in a room full of cheering
oil executives.
In 2016, Surfrider Foundation and our partners successfully stopped the federal government's plans for
offshore oil drilling and related seismic blasting off the Atlantic coast (read
more).
Supply, cost, environmental consequences - these are among the central features of debate over energy policy in the U.S. Those who want to open up
more areas to
drilling - on land and
offshore - and expand the use of fracking to extract natural gas from deep underground argue that we must reduce our dependence on foreign
oil.
Countries often have the option of reducing their rate of decline by adding production in areas which are
more expensive to
drill (say deeper, smaller locations
offshore Norway) or by using enhanced
oil recovery methods.
For example, 49 % of this group favors
more offshore drilling for
oil and natural gas, while 50 % oppose it.
In January 2018, the federal government threatened New York's coastline with its Outer Continental Shelf
Oil and Gas Program for 2019 - 2024, proposing to make more than 90 percent of the total offshore acreage in the United States available to oil and gas drilli
Oil and Gas Program for 2019 - 2024, proposing to make
more than 90 percent of the total
offshore acreage in the United States available to
oil and gas drilli
oil and gas
drilling.
Find
more information on the Surfrider Foundation's position on
offshore oil drilling, and Not The Answer Campaign, visit www.nottheanswer.org.
After a meaningless moratorium that was
more symbolic than anything else, our government decided to speed up the
offshore oil drilling permitting process.
Currently, 51 % of Americans favor allowing
more offshore oil and gas
drilling in U.S. waters while 41 % are opposed.
In June, during the Gulf of Mexico
oil leak, there was
more opposition (52 %) than support (44 %) for increased
offshore drilling.
Not only does
more extreme weather threaten infrastructure like
offshore oil platforms, but
more droughts from global warming can create water stress, affecting hydropower and limiting resources for
drilling.
It claims that harnessing
offshore - wind power in Atlantic waters is a much
more cost - effective way to generate energy than
oil and gas
drilling.
In doing so, he ignored his administration's top experts on ocean science, who warned that the
offshore plan dramatically understated the risks of an
oil spill and petitioned Salazar to exempt the Arctic from
drilling until
more scientific studies could be conducted.
Today's new
offshore drilling plan reveals, once again, that Trump's energy strategy entails little
more than smoothing the road for Big
Oil to to get whatever they want.
Interior's Bureau of Ocean Energy Management (BOEM) 2018 budget increases spending for expanding
offshore oil and gas drilling by more than $ 10 million through the national Outer Continental Shelf Oil and Gas Leasing Progr
oil and gas
drilling by
more than $ 10 million through the national Outer Continental Shelf
Oil and Gas Leasing Progr
Oil and Gas Leasing Program.
If Barack Obama were saying, as John McCain has, that
offshore oil drilling will reduce energy prices in the short term, or that it is a real solution to U.S. energy independence, then I might feel
more strongly about this.
About three quarters (74 %) consider increasing our use and production of alternative energy sources to be
more important than increasing
offshore oil drilling (15 %).
But now it has come to light that the
oil industry is conducting
offshore fracking in the Gulf, which is even
more dangerous than conventional
oil drilling, according to the Center for Biological Diversity.
He includes nuclear energy, and insists on permitting
more offshore drilling for
oil and gas to give us
more domestic sources, as we bridge to a new clean energy economy.
«Most
oil production today is «shale plays,» he says, pointing out that the price of
oil isn't high enough for energy companies to engage in
offshore drilling, which would create
more and better - paying jobs.