By
this time offshore oil drilling would add approximately 250,000 barrels a day to the U.S. market, against an overall current demand of about 21 million barrels.
Not exact matches
Additionally, it comes at a
time when
oil prices are on the rise, but stuck in a range that makes multibillion - dollar projects in new
offshore areas unattractive for many
drillers.
With the release of its master plan for
offshore wind energy, New York State is doubling down on its commitment to renewable energy at a
time when the Trump administration is moving to allow coastal
drilling for
oil and gas.
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.
He's also implying that he'll stick with his (ill -
timed) support for expanded
offshore drilling — although obviously with an aggressive clampdown on the
oil industry and the agencies that, in theory at least, were supposed to protect workers and the environment.
I wrote about that issue just this morning (I won't even try to include that link; it's the «
Offshore (and ANWR)
oil drilling, again» post, for those who care), and concluded that we will indeed
drill in ANWR and those currently pristine
offshore areas in
time.
While we are pleased that the coastal waters off the west coast will not see any new
offshore oil drilling (for the
time being), we view this as simply maintaining the status quo that has been afforded us for the last 30 years.
While the Gulf
oil spill has led to a momentary moratorium on
offshore drilling in the US, we are sure to face a
time when
offshore drilling again becomes viable... including in lands where polar bears roam.
On the other hand, Barack Obama — while not ruling out the use of greater nuclear power, clean coal, or even
offshore oil drilling with qualifications — has expressed much greater confidence in the ability of renewable energy technology to supply a greater percentage of our energy needs in a shorter
time period.
John McCain — while paying lip service to greater use of wind, solar, geothermal, and biofuels — clearly and consistently believes that in the near future (certainly in the
time he would be in office) greater reliance on nuclear power as well as increased
offshore oil drilling is the path to increased energy independence in the United States.
In addition she has handled: • Corporate governance policies including indigenous community relations, social and training programmes; • Company secretarial: drafting board documentation, running board meetings, and incorporating subsidiaries; • Investor relations including the delisting of company from AIM, warrant and option issue; performance bonds, preparation of annual reports; • Government relations; • Supplier contracts, PSC's, JOA's, joint venture agreements, farm out agreements, employment; • Equipment licensing including
offshore drilling rigs and an FPSO; • Defending an arbitration claim; • Crisis management when her company's
oil rig workers were kidnapped three
times.
In the larger business context, when two or three companies work together on large projects — such as in operating
offshore oil drilling rigs or creating new pharmaceuticals — we see indemnification agreements all the
time.