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.
The long-awaited permit gives BP the green light to begin drilling a 6,034-foot exploratory well off the coast of Louisiana in BP’s prolific Kaskida Field.
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.
A year after the drilling ban was ordered, we should ask ourselves some very important questions. What was the purpose of the moratorium and was it necessary?
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.
While Gulf production was higher in 2010 than any previously recorded year, these levels peaked prior to the BP disaster and have steadily declined ever since the imposition of the moratorium on drilling.
In today’s Washington Examiner, Robert Bluey of the Heritage Foundation sounds the alarm over the loss of tax revenue usually drawn from drilling in the Gulf of Mexico.
“Politically correct” sources of energy are largely futile and Obama administration policies are a war against the energy industry and the Louisiana economy, says Pelican Institute guest speaker.
Victims, activists, and trade representatives join forces to oppose shut-down of Gulf oil industry Washington, DC—Promoting the tagline, “My Job Matters,” more than 50 Gulf state residents travelled to the Capitol to protest the moratorium and regulatory impediments to drilling in the Gulf of Mexico. Protesters gave speeches in front of the U.S. Capitol Building,...