AP/ March 31, 2010, 1:17 PM

Obama OKs Oil Drilling off U.S. Coasts

Reversing a ban on oil drilling off most U.S. shores, President Barack Obama on Wednesday announced an expansive new policy that could put new oil and natural gas platforms in waters along the southern Atlantic coastline, the eastern Gulf of Mexico and part of Alaska.

Speaking at Andrews air base outside Washington, Mr. Obama said, "This is not a decision that I've made lightly." He addressed the expected outcry from disappointed environmentalists by saying he had studied the issue for more than a year and concluded it was the right call given the nation's voracious thirst for energy and the need to produce jobs and keep American businesses competitive.

"We're announcing the expansion of offshore oil and gas exploration but in ways that balance the need to harness domestic energy resources and the need to protect America's natural resources," Mr. Obama said, standing in front of a Navy F-18 fighter scheduled to fly on Earth Day with a half-biomass fuel mix.

The president said his decision is part of a broader strategy that also includes expanding the production of nuclear power and clean energy sources, to "move us from an economy that runs on fossil fuels and foreign oil to one that relies more on homegrown fuels and clean energy."

"The only way this transition will succeed is if it strengthens our economy in the short term and the long run," the president said. "To fail to recognize this reality would be a mistake."

Mr. Obama made no secret of the fact that one factor in his decision was attracting Republican support for a sweeping climate change bill that has languished in Congress. "Drill, baby, drill" was a mantra of the GOP during the 2008 presidential campaign.

"While our politics has remained entrenched along worn divides, the ground has shifted beneath our feet," the president said. "Around the world, countries are seeking an edge in the global marketplace by investing in new ways of producing and saving energy."

But Mr. Obama also has long been up front about his support for expanding offshore drilling — as well as other energy sources less popular with die-hard environmentalists. In his State of the Union speech, he said he wanted the United States to build a new generation of nuclear power plans, invest in new coal technologies and make "tough decisions about opening new offshore areas for oil and gas development."

More on America's Energy Supply:

Oregon Town Warmed by Geothermal Energy
Obama: New Nuke Plant "Only the Beginning"
How America Could Get Rich by Going Green
Obama Seeks $1K Energy Efficiency Rebates

The plan modifies a ban that for more than 20 years has limited drilling along coastal areas other than the Gulf of Mexico. It allows new oil drilling off Virginia's shoreline and considers it for a large chunk of the Atlantic seaboard.

Mr. Obama's blueprint would allow Interior to go ahead with oil and gas leases on tracts 50 miles off the coast of Virginia. Those leases had been approved for development but were held up by a court challenge and a departmental review.

In addition, the Interior Department has prepared a plan to add drilling platforms in the eastern Gulf of Mexico if Congress allows that moratorium to expire. Lawmakers in 2008 allowed a similar moratorium to expire; at the time President George W. Bush lifted the ban, which opened the door to Mr. Obama's change in policy.

It would allow exploration along the south Atlantic and mid Atlantic Outer Continental Shelf "to support energy planning" — a step toward potential leasing.

At the same time, the president also announced that proposed leases in Alaska's Bristol Bay would be canceled. And the Interior Department is reversing last year's decision to open up parts of the Chukchi and Beaufort seas. Instead, scientists would study the sites to see if they're suitable to future leases.

Mr. Obama is allowing an expansion in Alaska's Cook Inlet to go forward. The plan also would leave in place the moratorium on drilling off the West Coast.

Under Mr. Obama's plan, drilling could take place 125 miles from Florida's Gulf coastline if lawmakers allow the moratorium to expire. Drilling already takes place in western and central areas in the Gulf of Mexico.

The climate change bill has remained elusive.

The president met with lawmakers earlier this month at the White House about a bill cutting emissions of pollution-causing greenhouse gases by 17 percent by 2020. The legislation would also expand domestic oil and gas drilling offshore and provide federal assistance for constructing nuclear power plants and carbon sequestration and storage projects at coal-fired utilities.

The president's Wednesday remarks were paired with other energy proposals that were more likely to find praise from environmental groups. Some 5,000 hybrid vehicles have been ordered for the government fleet. And on Thursday, the Environmental Protection Agency and the Transportation Department are to sign a final rule that requires increased fuel efficiency standards for new cars.
© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
42 Comments Add a Comment
linkicon reporticon emailicon
rwsmith29456 says:
I'm for expanding ANY alternative source that will reduce our dependence on oil. I think at last Obama and I agree on something.
reply
linkicon reporticon emailicon
bassinapple says:
Sarah Palin: As an Alaskan, I?m especially disheartened by the new ban on drilling in parts of the 49th state and the cancellation of lease sales in the Chukchi and Beaufort seas. These areas contain rich oil and gas reserves whose development is key to our country?s energy security. As I told Secretary Salazar last April, ?Arctic exploration and development is a slow, demanding process. Delays or major restrictions in accessing these resources for environmentally responsible development are not in the national interest or the interests of the State of Alaska.?
http://corner.nationalreview.com/post/?q=NDE2MjU4NzdkNzQxZjA3MDE4NmFjMjYxZTU4NDQxN2Q=
reply
linkicon reporticon emailicon
vuenbelvue says:
Jet fuel is $3 a gallon and Biomass is $18 to $36 a gallon. This is typical green material pricing. It is mostly a scam by fuel suppliers, architects and suppliers. You will pay so much more and the (savings)will be so far out in the future years there will be no savings. They will call it a platinum building so you will feel good. They took your platinum and gave you this little sign to stick on the corner. Also, Corporations need to pay royalities for all resources taken from Federal or State land. Off-shore resources belong to the citizens of America not the oil companies.
reply
linkicon reporticon emailicon
shylove2 says:
So the warcards are still in play in both Iraq and Afghanistan and now Pakistan and the drill baby drills are iun the cards too... it kinda reminds me of Johnson to Nixon...
reply
linkicon reporticon emailicon
foxwatcher says:
Here's what's happening here. Obama needs help to get his Cap and Trade bill (economy killer that it is) through the Senate. He's hoping that allowing more drilling will get him that help. Once C&T becomes law he will reverse his expanded drilling edict.
reply
linkicon reporticon emailicon
wfw3536 says:
It is pretty clear that Obama has sold out to big oil. He promised when he ran that he wasn't going to do this and made fun of the Republicans that such a plan of drilling would not make any meaningful difference in our oil supply. He apparently does not care about the oil spills that will happen and the negative effects on our environment. What a shame he decided to go with big oil against the environment of our clean waters and shores of this great country. How can we support someone who does not care about our environment and natural resources.
reply
linkicon reporticon emailicon
masajo928 says:
Humm... Drill will not stop the uncontrollable oil prices. Regulating the commodity trading in Wall Street will... Wall Street have to regulate Wall Street.
reply
melchg07 replies:
linkicon reporticon emailicon
Wall's street has boughten out Milk's advertisement...only with a twist......."Got Speculation?"
linkicon reporticon emailicon
raboz says:
Drilling isn't the only answer! We haven't built a new refinery in nearly 30 years. We already have to ship crude offshore for refining. That is part of the higher cost of fuel. Weather disasters recently have reduced our refining capabilities by 50% at times.
reply
linkicon reporticon emailicon
hguyv says:
Why doesn't Obama understand no matter how many concessions he makes to the repubs there never ever going to like him.
reply
linkicon reporticon emailicon
andrewjsacks says:
If Barack decided to do it, the good must outweigh the bad.
reply
See all 42 Comments