McCain Urges for More Offshore Drilling

Tuesday, July 29, 2008

The Wall Street Journal reported that John McCain again issued a plea for more offshore oil drilling, suggesting it would not take long for consumers to see the benefits.  McCain did not mention that the most promising spots for quick offshore production are off the coast of , where state and local officials oppose the drilling. McCain wants to lift the federal ban and leave the decision to the states. While there is increasing support for drilling off the coast of , it would take years to explore and drill new wells in the .

McCain made his comments after meeting with officials from the California Independent Producers Association and San Joaquin Facility Management in . This is at least the second time he has made a case for offshore drilling in —he did so earlier in , on the coast, home of an infamous 1969 oil spill.

Source:  WSJ

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Deepwater Downturn: Bump in the Road or Long-Term Slowing of Growth?

IMA/World Energy Reports has just completed a comprehensiveassessment of the five year outlook for the deepwater sector.  The new report – the 19th annual floater

Tidal Energy from Deep and Slow Waters

Deep Green, an underwater kite construction from the Swedish company Minesto, is set to be deployed in 2017 at the Holyhead Deep site off the coast of Anglesey, Wales.

RasGas to Waive $1bln Penalty on LNG Deal

Qatar-based natural gas producer RasGas will not penalise Petronet LNG for lower offtake of the fuel, says a report by PTI.   Qatar has agreed to waive $1 billion

Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pipelines Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0708 sec (14 req/sec)