Yesterday marked the first oil and gas lease sale of the Obama Administration’s five-year program for the Outer Continental Shelf. The federal government raked in $157.6 million from more than 20 million offshore acres up for lease in the western Gulf of Mexico. Secretary of the Interior Ken Salazar praised …
At this State of the Union address, President Obama proudly stated that “American oil production is the highest it’s been in eight years” and declared that his Administration would “open more than 75 percent of our potential offshore oil and gas resources.” While President Obama spoke favorably of the role …
Today, the Orlando Sentinel reports that President Obama will introduce a budget next week which will cut future exploration funding from NASA, including the planned missions to the Moon and Mars set in motion following the Columbia disaster. On first glance, this may appear to be a budget cutting move …
