Obama Bans Oil-Drilling In Gulf for Seven Years
Obama Bans Oil-Drilling In Gulf for Seven
Years
The US Secretary of the Interior Ken Salazar announced on Wednesday that President Obama has decided to ban oil and natural gas drilling in the eastern Gulf of Mexico for seven years. The decision effectively reverses the previously announced plan to open the region for drilling. Salazar went on to say that exploratory drilling in sensitive areas of the Arctic will proceed "with utmost caution."
Under the abandoned plan, approximately two-thirds of the eastern Gulf would have been opened to drilling, though areas within 125 miles of the Florida coast would have remained off limits. Salazar says the ban is being imposed based on lessons learned from the April 20th explosion of BP's Deepwater Horizon drilling rig, which killed 11 people and started one of the worst environmental disasters in US history. Environmentalists estimate that nearly 5 billion barrels of oil emptied into the Gulf from the BP disaster before the well, located 5,000 feet below the ocean's surface, was capped off.
Salazar dismissed concerns that the ban will seriously damage efforts to further develop domestic energy sources, explaining that about 29 million acres already under lease in the region hqave yet to be developed.
The US Secretary of the Interior Ken Salazar announced on Wednesday that President Obama has decided to ban oil and natural gas drilling in the eastern Gulf of Mexico for seven years. The decision effectively reverses the previously announced plan to open the region for drilling. Salazar went on to say that exploratory drilling in sensitive areas of the Arctic will proceed "with utmost caution."
Under the abandoned plan, approximately two-thirds of the eastern Gulf would have been opened to drilling, though areas within 125 miles of the Florida coast would have remained off limits. Salazar says the ban is being imposed based on lessons learned from the April 20th explosion of BP's Deepwater Horizon drilling rig, which killed 11 people and started one of the worst environmental disasters in US history. Environmentalists estimate that nearly 5 billion barrels of oil emptied into the Gulf from the BP disaster before the well, located 5,000 feet below the ocean's surface, was capped off.
Salazar dismissed concerns that the ban will seriously damage efforts to further develop domestic energy sources, explaining that about 29 million acres already under lease in the region hqave yet to be developed.
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