The Obama administration have decided to postpone the offshore drilling in the aftermath of the Gulf Shore oil spill because they are battling over the White House's climate-change policy. The Senate Appropriations Committee decided to vote on this offshore drilling issue this Tuesday, but the voting has been cancelled after Sen. Dianne Feinstein needed more time to evaluate the White House's request to raise the funding of offshore oil and gas drilling from $184 million to $250 million.
Michael Bromwich, the head of the agency who directs offshore drilling, pleads his case that if we do not get the additional resources needed, then the job will not be done effectively. The expiration to date to do deep-water drilling is November 30th. Bromwich is confident that the administration would not go past this expiration date. Bromwich also said that his agency is planning on rolling out new offshore drilling regulations by the end of the month once the Coast Guard and his agency and by a presidential panel uncover additional information about the Gulf of Mexico oil spill.
-Michael Sheinfeld
This is a good article because it shows one of the direct effects of the oil spill on the United States. My question would be what will happen if the United States energy market if the senate decides not to pursue the off shore drilling?
ReplyDeleteI'm pretty sure it's a priority that the United States energy market wants to pursue this off shore drilling because of the affects of the Gulf oil spill
ReplyDelete-Michael Sheinfeld