Wednesday, June 29, 2011

Oil Drilling News


Sierra Club Can't Join U.S. to Sue BP Over Spill, Judge Says

"The court is overseeing more than 350 lawsuits against BP and other companies involved in the worst offshore oil spill in U.S. history."

Clean-up will wait to protect wildlife (Alabama)

"Thursday, the Coast Guard defended its decision to leave what has been described as "hundreds of thousands of pounds of oil" in the water and on the beach on the western part of Dauphin Island. 

Pictures taken June 21 show oily tar balls littered across the beach on the far west end of Dauphin Island."


Obama: Slash oil industry tax breaks as part of debt deal

"If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship, that means we've got to stop funding certain grants for medical research, that means that food safety may be compromised, that means that Medicare has to bear a greater part of the burden."

BOEMRE Director Delivers Remarks at World National Oil Companies Congress
"The tragic loss of life and the enormous, immediate, and visible damage to the environment from the Deepwater Horizon tragedy were a wake-up call for industry and government alike, sending a clear message that we had to take a good, hard look at existing safety technologies, practices, and regulations and make immediate, and lasting, improvements." [...] "Let me describe for you some of the key elements that my vision of the future of offshore energy oversight and development includes..." [...] "And finally, an ocean energy program that includes not only the development of oil and gas resources, but also the aggressive and responsible development of renewable energy sources. The long-term solution to meeting the nation's and the world's energy needs must include power derived from clean and renewable sources such as offshore wind."

What will replace oil?

Annual State of the Coast looks at alternative energy sources

"...the 2011 Federation State of the Coast Report focuses on various types of renewable energy sources. 

The annual report was unveiled during the Federation's daylong Coastal Power: Riding the Wave of Green Energy summit."