The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...View Report
U.S. Department of Interior officials manipulated and altered summary language attached to report to make it appear as though engineers endorsed the Gulf moratorium when in fact they had not, an Inspector General investigation has concluded.
Up to 20 oil rigs could leave the Gulf of Mexico, in addition to the 11 that have already left, since the Obama Administration imposed a moratorium on deepwater oil and gas drilling in May 2010. Sen. Vitter asks about the impact on small business, and the cost of green lawsuits in letter to feds.
Ten oil rigs have left the Gulf of Mexico since the Obama Administration imposed a moratorium on deepwater oil and gas drilling in May 2010 documentation from Sen. David Vitter's (R-La.) office shows. Companies will not recommit themselves to the Gulf region until the "political uncertainty" recedes.
Federal agencies that have unilaterally curtailed energy production in the Gulf of Mexico should obtain congressional approval before any new regulations are implemented, Sen. David Vitter (R-La.) has argued on the Senate floor.
If the Obama Administration actually favored increased production in the Gulf of Mexico, it would be happening Don Briggs, president of the Louisiana Oil and Gas Association (LOGA) told audience members at luncheon held in New Orleans. "Louisiana is the Aorta of America," he said in his talk. But a change in Administration is needed.