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Offshore plan closes door to new American energy opportunities

Offshore plan closes door to new American energy opportunities

WASHINGTON, D.C. – Independent Petroleum Association of America (IPAA) President Barry Russell released the following statement on the next stage of the Obama Administration’s proposed five-year offshore oil and gas leasing program for 2017-2022: “Offshore energy production has and will continue to be integral to America’s energy future – for good-paying jobs, national energy security, and billions of dollars in ...

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In reversal, Obama administration to block Atlantic oil drilling

In reversal, Obama administration to block oil drilling in Atlantic

WASHINGTON (AP) — In a major reversal, the Obama administration said Tuesday it will bar oil drilling in the Atlantic Ocean, a move cheered by environmentalists and consistent with the president’s aggressive steps to deal with climate change. Interior Secretary Sally Jewell made the announcement on Twitter, declaring that the administration’s next five-year offshore drilling plan “protects the Atlantic for ...

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Greenpeace: 4 activists hurt off Canary Islands

MADRID — Spain’s navy rammed into a Greenpeace dinghy during a protest in the Atlantic Ocean against oil exploration near the Canary Islands on Saturday, injuring four of its activists, one of them seriously, the environmental organization said. However, the navy disputed that account. The navy said it dispatched two boats from one of its ships in the area to ...

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The baggage of offshore drilling

Zachary Toliver | Shale Plays Media In the era of the great energy boom, investing in oil and gas exploration has exploded. Fresh, untapped areas have been targeted throughout the U.S. and no land is untamable. Since the 25-year congressional ban on Atlantic coast offshore drilling was lifted, offshore exploration has followed suit and has fueled substantial interest in the ...

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