Oil Industry to Obama: Expand Offshore Drilling

By: Associated Press
By: Associated Press

Washington, D.C. (AP) - The oil industry's chief trade group wants the
Obama administration to reconsider its decision not to pursue
offshore drilling in the eastern Gulf of Mexico or along the
nation's East Coast.

Jack Gerard, president of the American Petroleum Institute, said
the group will press lawmakers and administration officials to
expand drilling along the Atlantic coast and in Alaska. If
agreement cannot be reached, Gerard said he would support language
favored by some congressional Republicans to mandate expanded
drilling.

Obama's decision to scale back offshore drilling reversed an
earlier plan to expand drilling. It was prompted by the Gulf oil
spill.

Gerard said the decision "sends job creation elsewhere . and
closes the door on economic growth." He spoke as the group
released its annual "State of American Energy" report Tuesday.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Mimi on Jan 9, 2011 at 03:12 PM
    BHO's reversal has more to do with oil production abroad in places like Brazil where Geo. Soros and others are having our tax dollars spent. Time to put people here to work and keep money in this country.
  • by tom Location: madison on Jan 5, 2011 at 03:49 AM
    UNEMPLOYMENT IS VERY HIGH GAS PRICES ARE RISING OUR MONEY IS GOING TO MIDDLE EAST TERRORISTS FOR OIL wow, kill three birds with one stone and the king cannot figure it out......
  • by Anonymous Location: Tally on Jan 4, 2011 at 06:00 PM
    Higher gas prices will only increase personal debt,lose housing,ect. and furter weaken tourism,and economy. It's not hard to understand. Kinda like the phrase "drill baby drill" method. Obama you have to lift the drilling ban.
  • by Anonymous on Jan 4, 2011 at 05:26 PM
    Any oil would be years away. It wouldn't affect supply or prices until then. In the past just the fear that we would (or could) increase production here, OPEC has increased production to lower prices thereby keeping their stranglehold on the US oil. OPEC wants to us pay as much as possible for their oil.
  • by Anonymous on Jan 4, 2011 at 03:00 PM
    Lets do it if it will bring fuel prices down for Americans!!!!!!!!
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