Study: Atlantic drilling could give economy $23.5B boost

Fuel Fix ^ | December 5, 2013 | Jennifer A. Dlouhy

[thackney]

related links at source

[ClearCase_guy]

Obama has this idea filed under: “Things I must never allow”.

[saganite]

I see they’re hoping for a business friendly president and congress. I think we’ve seen the last of those.

[Smokin' Joe]

Well, at least this would get the rabid ecowhackos back out of flyover country...

[DaveA37]

“If companies were allowed to drill for oil and gas in Atlantic waters off the East Coast, the work would help create nearly 280,000 new jobs and contribute some $23.5 billion to the U.S. economy....”

We certainly can’t have that now, can we? (sarc)

[Gay State Conservative]

Cuba is drilling like crazy off their waters.IIRC the Chinese are a big factor in that drilling.IMO Cuba + China = the likelihood of huge drilling catastrophes.With that in mind there's really no reason *not* to drill all around Florida as well as off the Georgia coast and the Carolinas.

[BenLurkin]

Atlantic? Heck, there is a lake of oil just off the coast of Santa Barbara.

But the wealthy lefties who live up there don’t want their million dollar views of the Pacific Ocean spoiled with oil rigs.

[Patriot95]

With our current “leadership,” it’s probably going to cost us over $23.5B and we won’t see anything from that drilling because some foreign country will be doing it with our money.

(Not to sound pessimistic or anything lol)

[count-your-change]

23 billion? Just enough for another war in the ME.

[Smokin' Joe]

A proposed on shore well not far from where I grew up was scuttled by the ravings of the environmentalists out of DC almost 30 years ago.

People with interest in local fisheries (it is in the tidewater MD/VA area) who had contacted me asked what they should do because environmental groups were soliciting their support in opposing drilling. Iknew of the one well which had been drilled, and I told them to go out to the location check it out (the well had been plugged and abandoned, the site reclaimed). When they finally found the dry hole marker in the meadow, they refused to object to the drilling program, because, as they put it, "things were being done right".

Still, the environmentalists prevailed.

Had the project continued and been successful, the whole DC Metro area could have been heating with natural gas instead of fuel oil or electricity for the past 30 years.

Nope, can't have stuff like that.

[varon]

Study: Atlantic drilling could give economy $23.5B boost

That's about the additional amount CGI Federal will need to fix the Obamacare website.......

[Salvation]

Let’s go for lower gas prices!

[BobP]

Energy independence.

[cicero2k]

Obama: can we get back to killing bald eagles? We’re good at that.

[SkyDancer]

It’ll just run the guvmint twenty days.

[Ken522]

That’s Cheyenne Mountain in the background, isn’t it?

[ExCTCitizen]

$23.5B? I think that drilling off New England would help the economy of those states. But then again, except for Maine and New Hampshire (at this time) it will never happen, because of Liberals.

[central_va]

Tell me again why a windmill off the cost is ascetically more pleasing than an oil well?

[DUMBGRUNT]

Interior Department officials insisted private companies should first conduct geophysical research to get a sense of the area’s potential oil and gas resources before the government makes any leasing decisions or schedules sales.

Is it standard procedure to do multiple surveys before any bidding is scheduled?

[tet68]

In assembling that current sale schedule, Interior Department officials insisted private companies should first conduct geophysical research to get a sense of the area’s potential oil and gas resources before the government makes any leasing decisions or schedules sales.

This is like someone saying, “you take the car in,
pay to have it checked out, and if it’s good, we’ll tell you how much we want for it”.