Why now, when he’s done everything possible to destroy the oil industry domestically?
Everybody is mad because he put a moratorium on offshore drilling after the blowout in the gulf, which lasted a year. There were 3 things that had to be done. The liability cap had to be raised. The blowout preventer problem had to be fixed. And the oilspill collection device had to be put in place.
Obama never said no to drilling the atlantic. He said there would be new seismic studies since none had been done since the early 80s. And before seismic studies were done, an EIS would be done.