offshore drilling

Sharpe trumpeted the Labor government’s innovation of the ban saying, ‘No other state or territory has acted so comprehensively.’

The Biden administration has restored more stringent Obama-era offshore drilling rules that the Trump administration rolled back.

The Interior Department announced Friday it is canceling future lease sales and will not extend current leases in Arctic waters off Alaska’s northern coast.

After seven years of preparation and several billion dollars spent, Shell has decided to abandon its exploration program in the US Arctic “for the foreseeable future.”

The USGS has estimated that the Arctic regions contain around 130b barrels of oil and 1660t cubic feet of gas—22% of the world’s undiscovered hydrocarbon resources.

The United States is closer than ever to fulfilling the vision of our Founding Fathers. By achieving energy independence, we can achieve freedom from foreign influence.

With the Obama administration planning to open up new areas for offshore drilling, a look at drilling safety is in order.

Presidential candidate Mitt Romney detailed his energy policies Aug. 23 at Watson Truck & Supply Co. in Hobbs, N.M. He said that his plan would achieve American energy independence by 2020.

The commission will be headed by co-chairmen Bob Graham and William K. Reilly.

Depending on who you talk to, people either love or hate Obama’s new position on offshore drilling.

As gas prices continue to rise and the economy continues to tank, President George Bush is pushing Congress to have the ban on oil drilling on the Outer Continental Shelf (OCS) lifted.