Oil Drilling News

GULF Oil DISASTER

Fate of oil in Gulf may never be known

http://thehill.com/blogs/e2-wire/677-e2-wire/135679-report-fate-of-oil-in-the-gulf-may-never-be-known

Read the Report

Gulf Oil Spill Tarballs Continue To Wash Ashore On Fort Morgan, Alabama Beach (VIDEO)

http://www.huffingtonpost.com/2011/01/04/tarballs-continue-to-wash_n_803746.html?ref=email_share

Some suspended deepwater drilling in Gulf will be allowed to resume

http://www.nola.com/news/gulf-oil-spill/index.ssf/2011/01/some_suspended_deepwater_drill.html

Also see: Path Clears for Deep-Water Drilling

THE EMPIRE STRIKES BACK

Oil industry to make economic argument against drilling fees

http://thehill.com/blogs/e2-wire/677-e2-wire/135767-overnight-energy-

Oil industry to Obama: Expand offshore drilling

http://www.washingtonpost.com/wp-dyn/content/article/2011/01/04/AR2011010403335.html

"The oil industry's chief trade group wants the Obama administration to reconsider its decision not to pursue offshore drilling in the eastern Gulf of Mexico or along the nation's East Coast.  

Jack Gerard, president of the American Petroleum Institute, said the group will press lawmakers and administration officials to expand drilling along the Atlantic coast and in Alaska. If agreement cannot be reached, Gerard said he would support language favored by some congressional Republicans to mandate expanded drilling. "

Oil industry pushing for changes to administration's five-year drilling plan

http://thehill.com/blogs/e2-wire/677-e2-wire/135883-oil-industry-pushing-for-changes-to-administrations-five-year-drilling-plan

New Oil Leases Would Raise More Than Taxes, API Says

http://www.bloomberg.com/news/2011-01-04/opening-u-s-areas-for-oil-more-lucrative-than-taxes-group-say.html