Obama reverses course, won’t allow Atlantic coast oil drilling

Obama BPThe Obama administration is reversing course on opening Atlantic waters to a new generation of oil and gas drilling, after a revolt by environmentalists and coastal communities that said the activity threatened marine life, fishing and tourism along the East Coast. The proposed offshore leasing program to be released Tuesday eliminates the administration’s initial plan to auction off drilling rights in as many as 104 million acres of the mid- and south-Atlantic in 2021, according to an Interior Department official who requested anonymity because the plan wasn’t yet public. Read the rest here 14:10