Tag Archives: leases to drill for oil and natural gas
Opinion: Atlantic drilling issue dries up again, without lasting resolution
The curtain has come down on the latest of “to drill or not to drill in the Atlantic.” It ran two years, just a bit longer than the one before it in a series dating to the 1980s. The ending, as expected, was the same, since deepwater drilling in the Atlantic wouldn’t be profitable and is broadly opposed. A renewed federal effort begun in May 2017 to offer leases to drill for oil and natural gas off the East Coast was suspended indefinitely by the Trump administration. A similar push by the Obama administration ended with reinstatement of a temporary moratorium on drilling. Other than the presidents, most of the players remained the same. Opposition was led by state and local officials in both parties the length of the coast,,, >click to read<18:36