During the president’s Thursday speech on his new jobs proposal (which, as of yet, does not actually exist on paper), Rep. Jeff Landry, a Republican freshman from Louisiana, staged a bit of silent activism. Photos of the congressman show him holding a sign displaying a simply message: “Drilling = jobs”. …
If the pace of Gulf oil drilling permit awards does not increase, as many as 20 drilling rigs could soon leave the Gulf, a major investment bank announced. BER Capital Investments called the current rate of permitting unsustainable in a report released Wednesday. BER’s report noted that the slow pace …
Speaking at Heritage this morning, former Speaker Newt Gingrich called on House Republicans to put politics aside and pass a new proposal from two Democratic senators that would expand offshore drilling off Virginia’s coast. Gingrich suggested it should be one of the top priorities for the House GOP when lawmakers …
The Obama administration is approving deepwater drilling permits at a pace of just 1.7 per month — a dramatic drop that is jeopardizing thousands of jobs for struggling families in Louisiana and neighboring states. The latest figures from the Bureau of Ocean Energy Management, Regulation and Enforcement also reveal a …
The director of the federal agency responsible for the drilling permit logjam in the Gulf of Mexico has said his agency is too understaffed to address the slowdown in permits — but he now plans to divert his already limited staff resources to the additional regulation of oilfield service providers …
One year ago today President Obama imposed a moratorium on offshore drilling in the Gulf of Mexico. It banned shallow-water and deepwater operations, setting the stage for a year of delays in permitting. Now a U.S. senator wants to put a moratorium on federal agencies. Sen. David Vitter (D-La.), an …