Sentences with phrase «said offshore drilling»

Federal energy analysts have said offshore drilling would have no impact on oil production or prices before 2030.

Not exact matches

The summary also says previous administrations have been «overly restrictive» of offshore drilling.
Andrews said Victoria, which gets most of its gas from offshore fields in the Bass Strait, would extend a moratorium on onshore conventional gas drilling until 2020, while it evaluates the risks and benefits of allowing it.
March 9 (Reuters)- New York Governor Andrew Cuomo on Friday said he had formally asked for the state to be excluded from a federal offshore drilling program that he said would threaten its ocean resources and endanger efforts toward a cleaner energy economy.
After a period of prolonged low oil prices, many offshore drillers are focusing on tying new wells in the Gulf of Mexico to existing infrastructure, rather than investing billions in new offshore platforms, he said.
In a statement, Zinke said opening the Gulf's outer continental shelf to development will aid drillers, under pressure from low prices, by providing more opportunities offshore.
That said, slumping global rig activity, especially in offshore drilling where NOW has a heavy customer concentration, more than overcame the boost the company received from acquisitions.
Royalty rate dust - up: US Interior Secretary Ryan Zinke said Tuesday the government won't cut royalty rates on profits from offshore drilling.
At the event, Cuomo made comparisons between his administration and that of President Trump, saying while Trump is focusing on offshore drilling, he's planning to build more offshore wind - generating sites.
Cuomo said in a letter to Interior Secretary Ryan Zinke that offshore drilling «poses an unacceptable threat» to New York's ocean resources and economy.
Mr. Thiele lent support to Gov. Andrew M. Cuomo's request to the federal government to exempt New York State from the offshore drilling plan, and said that, barring action by the secretary of the interior, New York's congressional delegation should enact legislation to remove the state from the initiative.
«We may be looking at offshore oil drilling,» he said, in arguing for the wind farm, which could be operational in 2022.
«We're feeling pretty good,» said co — chief scientist Sean Gulick in an interview from the deck of a drilling platform 30 kilometers offshore in the Gulf of Mexico.
At the same time, he said he didn't think the president would use the state as a case study against oil development, considering the recent decision to allow exploratory offshore drilling near Alaska.
Researchers say this longtime bane of offshore drilling is more cost - efficient than wind and solar.
More accurate data are vital as offshore drilling ramps back up post-Deepwater Horizon, Amos says.
In addition to enabling drilling in ever - deeper waters worldwide, robot subs will also be instrumental in ramping up the installation of offshore turbines that generate electricity from the strong winds and tides found at sea, says Michel, one of the main organizers of the annual Marine Advanced Technology Education (MATE) Center's 2010 International ROV Competition, which challenges students to complete underwater missions using ROVs they design and build.
«Oil sands and offshore drilling are both symptoms of the same problem: We're running out of easy oil,» says Simon Dyer, oil sands director at the Pembina Institute, a nonprofit sustainable energy research organization.
For example, she said, attending last year's rally helped encourage her to work in her state to support petitions to ban offshore drilling for oil and natural gas.
Vice President of Oceana Belize, Audrey Matura, says that the fight continues, but this is one great step in reaching the goal of stopping offshore oil drilling in the country.
Senator Barack Obama commented on the drilling idea on Tuesday, saying: «Much like his gas - tax gimmick that would leave consumers with pennies in savings, opening our coastlines to offshore drilling would take at least a decade to produce any oil at all, and the effect on gasoline prices would be negligible at best since America only has 3 percent of the world's oil.
In the meantime, top White House officials today, echoing calls from the Senate and environmental groups, said any plans to move forward with new offshore drilling were on hold while the Deepwater Horizon spill was dealt with and investigated.
What is true is we've said if you're going to drill offshore you've got to have a plan to make sure that we don't have the kind of catastrophe that we had last year.
When Obama announced the new offshore drilling policy, he said, «We need to move beyond the tired debates of the left and the right.»
[May 27, 7:57 a.m. Updated A Democratic senator from Alaska said Thursday night that President Obama plans to suspend new permits for offshore drilling in Arctic waters at least through the rest of this year.]
«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.
We challenge all elected officials to acknowledge these three essential truths when discussing any new offshore drilling proposals,» says Peter Stauffer, Surfrider Foundation's Ocean Ecosystem Manager.
Energy Secretary Ernest Moniz said the administration was awaiting congressional action, but several key Republicans, including Murkowski and Republican Representative Doc Hastings of Washington, whose House committee oversees offshore drilling, say they hadn't been contacted by the White House.
Additionally, in January the Trump administration said it would allow new offshore oil and gas drilling in nearly all United States coastal waters, including near our west coast National Marine Sanctuaries.
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.
«This tragic spill makes it clear that the miniscule benefits of offshore oil drilling are not worth the consequences,» says Jim Moriarty, Surfrider Foundation's CEO.
Sarah Chasis, Director for Oceans at the Natural Resources Defense Council, said, «Today's important action by Governor Cuomo sends a message that New York is unwilling to accept the risks that come with offshore drilling.
Under the category «Regulatory and litigation risks» the 10 - K says specifically that «changes in environmental regulations or other laws that increase our cost of compliance or reduce or delay available business opportunities (including changes in laws related to offshore drilling operations, water use, or hydraulic fracturing)» are a risk to the company's health and wellbeing.
He said, we will look at offshore drilling.
«Hillary Clinton is half the way there,» climate activist Bill McKibben said in a statement Monday that made it clear he and his allies will be watching for Clinton to weigh in on offshore drilling in the Arctic and coal mining in the Powder River Basin.
«There's no offshore drilling in it and no cap and trade,» he said.
«We thought about it long and hard, and decided to get involved in this because the U.S. has the largest number of these wells and it is better than drilling offshore or in Alaska,» Dr. Pachauri said.
«The risks associated with the oil sands, the environmental risks, are significantly different than — and probably less significant than — the kind of risks associated with offshore drillingsaid Canada's Federal Environment Minister Jim Prentice.
This year, the icebergs moved farther west than usual, invading an offshore oil and gas drilling zone near the Grand Banks, she said.
At a current oil price of about $ 46 per barrel, there's little chance that there will be a big push toward development, but as soon as prices range upward of $ 80 per barrel, that could change — plus, some of the policy barriers may be coming down, Zukunft said, referring to the Trump administration's moves to enable offshore Arctic drilling.
People I spoke to said that many community members oppose offshore drilling because they know it threatens their dependence on bowhead whales and seals.
Our chapter efforts included our Protect the Atlantic campaign, as well as participation in Hands Across the Sand, an annual event where citizens join hands at beaches around the world to say no to offshore drilling and yes to clean energy.
«I firmly believe that if you had offshore drilling provisions, you would get more votes because people would see energy independence being achieved, and they would tolerate an emission control bill,» Graham said.
«That's a scary thing because, seriously, there is no exploration going on today,» Per Wullf, CEO of the offshore drilling company Seadrill Ltd., said by telephone.
The Obama administration must say no to drilling in the Arctic Ocean, cancel these leases, and remove future leasing from the five - year offshore drilling plan.»
Let's say we shut down and decommissioned coal mines and coal - fired power plants, stopped new offshore drilling for oil and gas plus the development of shale oil and gas, moved away from nuclear power as too risky, spent trillions to subsidize non-viable windmills and solar panels to squeak by in avoiding a total blackout by imposing exorbitant taxes on energy in order to force people to cut back its use.
«The massive turnout for the Hands Across the Sand today shows that people oppose the risky practice of offshore drilling and understand that we need to seek real solutions to our energy crisis including increased efficiency, conservation and renewable alternatives,» said Pete Stauffer, Surfrider Foundation's Ocean Program Manager.
A few weeks ago I wrote about a TV ad which the McCain campaign was running which, in short, said that 1) drilling for oil in offshore areas which are currently off limits is the solution to reducing high gasoline costs in the United States, and 2) that Barack Obama is the sole reason these areas are off limits.
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.
Between the loss of jobs in the tourism and fishing industries around the Gulf, as well as those lost from the moratorium on offshore drilling, at least one analyst says that one million people will be out of work as a result of the spill.
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