McCain: Open for O&G Exploration

Tuesday, June 17, 2008
John McCain favors expanded O&G drilling.

John McCain, the presumptive Republican presidential candidate, will score points with the offshore oil and gas industry with his recommendation to lift federal moratoriums that restrict drilling for oil and gas, in the name of energy security. In a recently release, he stated  "I'll call for lifting the federal moratorium for states that choose to permit exploration. I think that this, and perhaps providing additional incentives for states to permit exploration off their coasts, would be very helpful in the short term in resolving our energy crisis. We've seen the impact of it in the form of food prices, the form of gasoline, and the form of threats of inflation, and indeed indications of inflation. We must embark on a national mission to eliminate our dependence on foreign oil and reduce greenhouse gases through the development of alternative energy sources. And, as I said, exploration is a step toward the longer term goal. And, I will repeat my advocacy of a gas tax holiday, which is impacting low-income Americans on a fixed income who are driving automobiles that consume gasoline at a greater rate, and they're driving further, and I think that they deserve a break."

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Statoil: New Oil in the Grane Area

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.   Well 25/8-18 S, drilled by the rig Transocean Leader,

Offshore Oil: Lamprell Completes Caspian Sea Drilling Unit

UAE-based Lamprell said that it completed construction of the second Caspian Sea jackup drilling rig, Mercury, for service in the Caspian Sea.   "I am delighted

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2366 sec (4 req/sec)