Congress removes 26-year ban on offshore exploration; oil from offshore years away
A quarter-century ban on offshore exploration off the Atlantic and Pacific coasts expired Oct. 1, but donít expect to see a chain of drilling platforms from the beaches anytime soon.
It will take a couple of years, at least, before any oil or natural gas leases are issued, years more before any oil....
[additional news subjects in this story]
Next president biggest factor
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.