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

Offshore

SBM Offshore Completes Real Estate Divestment

SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold

Keppel T & T Appoints Lim Chin Leong to its Board

Keppel Telecommunications & Transportation Ltd (Keppel T&T) has strengthened its Board with the appointment of Mr Lim Chin Leong as an independent, non-executive

Odfjell Drilling in Tighter 2Q North Sea Market

Odfjell Drilling reports second quarter 2014 financial results showing a profit of US$29-million. Profit & loss Q2 2014 Operating revenue for Q2 2014 was USD 272 million (USD 289 million),

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Ship Simulators 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: 0.1107 sec (9 req/sec)