oil drilling

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Obama Shifts Tack on Offshore Drilling

Candidate says he would accept drilling as part of energy package

(Newser) - Barack Obama softened his opposition to offshore oil drilling yesterday, telling the Palm Beach Post in an interview  that he would be willing to accept  "a careful, well thought-out drilling strategy that was carefully circumscribed to avoid significant environmental damage"  it if necessary to avoid a deadlock on...

Save the Earth: Drill in the US
 Save the Earth: Drill in the US 
Opinion
Aug 1, 2008 12:21 PM CDT

Save the Earth: Drill in the US

Letting other countries produce oil cures nothing: Krauthammer

(Newser) - Asked why she so vehemently opposes offshore drilling, Nancy Pelosi recently replied, “I’m trying to save the planet.” Which is a nice thought, Charles Krauthammer writes in the Washington Post, but it’s completely illogical. We’re not saving the planet by leaving the drilling to the...

Ex-Pentagon Official Eying Iraq Oil Deal

Noted war booster Perle denies deal, Kazakh connection

(Newser) - Former Pentagon official Richard Perle is on board with a consortium seeking to drill for oil in Iraq’s Kurdistan region, the Wall Street Journal reports—though both Baghdad and Washington want a national oil law passed before regional business is done. The Iraq war backer denies that he’s...

Pickens Drills Into McCain Campaign
Pickens Drills Into McCain Campaign
OPINION
Jul 24, 2008 8:40 AM CDT

Pickens Drills Into McCain Campaign

Oilman's environmental turn enrages GOP, writes columnist

(Newser) - The reinvention of oil billionaire T. Boone Pickens as an environmentalist represents a huge political about-face, writes Timothy Egan in the New York Times. Four years ago, Pickens bankrolled the Swift Boat campaign that derailed John Kerry's presidential bid. Now Pickens, "looking a bit like the John Huston character...

Bush is Botching $4.11, Just Like He Did 9/11
Bush is Botching $4.11,
Just Like He Did 9/11
OPINION
Jul 20, 2008 1:05 PM CDT

Bush is Botching $4.11, Just Like He Did 9/11

Drilling will only worsen America's addiction

(Newser) - If a "crisis is a terrible thing to waste," then George Bush's reactions to 9/11 and the $4.11 average gas cost make him a doubly terrible leader, writes Tom Friedman in the New York Times. Instead of using rising gas costs to spur the nation to energy...

Bush Will Lift Ban on Offshore Drilling

White House spins decision as attempt to motivate Congress

(Newser) - President Bush is about to lift the ban on offshore drilling that's stood since his father was in office, White House press secretary Dana Perino announced today. The move will be meaningless unless Congress follows suit, the AP reports. Two bans on the practice are in place: an executive order...

GOP Charts Offshore Drilling Compromise

Rising energy costs may sway moderate Dems to cross lines

(Newser) - Senate Minority Leader Mitch McConnell is trying to forge a bipartisan coalition on domestic oil drilling, Politico reports. Republican senators believe they can sway enough moderate Democrats on an amendment to end a federal ban on coastline drilling—allowing a dramatic shift in US energy policy, and reaping a big...

In Drilling, Right May Find Gold Mine of Support

Gingrich's 'Drill Now' online drive has seen huge conservative response

(Newser) - Insiders warned it was risky for John McCain to reverse himself on offshore drilling, but the issue might yet prove the nucleus for a “right roots” movement to counter MoveOn, Politico reports. In the few weeks since the proposal entered the national conversation, 1.2 million people have signed...

Arnie Rips Would-Be Oil Drillers for 'Blowing Smoke'

'New ways to feed our addiction is not the answer,' he says of Mac-backed plan

(Newser) - At a Florida climate summit today, Arnold Schwarzenegger broke from prepared remarks to lay into offshore oil drilling, criticizing its supporters—who include President Bush, John McCain, and his host, fellow Republican governor Charlie Crist—as "blowing smoke."  "To look for new ways to feed our...

Oil-Addicted Bush Must Kick the Habit
Oil-Addicted Bush
Must Kick the Habit
OPINION
Jun 22, 2008 6:32 AM CDT

Oil-Addicted Bush Must Kick the Habit

High fuel prices offer chance to change our ways

(Newser) - The American thirst for oil is like a drug addiction, and George Bush wants another hit, writes Thomas Friedman in the New York Times. Bush’s irresponsible energy plan involves getting a little more oil from Saudi Arabia to keep prices low, and then drilling in Alaska—simply prolonging our...

McCain Pander on Drilling Disappoints
McCain Pander on Drilling Disappoints
OPINION
Jun 20, 2008 8:30 AM CDT

McCain Pander on Drilling Disappoints

His oil plan is economically daft and politically naive

(Newser) - It's nothing new for the Bush administration to blame environmentalists for energy shortages, writes Paul Krugman in the New York Times. As early as 2001, Dick Cheney blamed green laws rather than rapacious energy companies for the California electricity shortage. But it's disappointing that John McCain has joined the bandwagon—...

When Good Pandering Goes Bad
When Good Pandering
Goes Bad
OPINION
Jun 19, 2008 7:32 AM CDT

When Good Pandering Goes Bad

Bush goes and ruins McCain's opportunism on oil, writes Collins

(Newser) - The offshore drilling ban has been in place since 1981, but George W. Bush—who is still the president, Gail Collins reminds us in the New York Times—wants it overturned in two weeks. Watching his speech in the Rose Garden, where he said Democrats would be to blame for...

Ship Shortage Stalls Offshore Oil Drilling

Oil companies frustrated by inability to exploit new discoveries

(Newser) - A severe shortage of deep-sea drilling rigs will hold up exploitation of offshore oil for years, the New York Times reports. Existing rigs are booked solid for five years, and shipbuilders around the world are scrambling to fill dozens of new orders. Oil companies are frustrated by their inability to...

Let's Not Kid Ourselves: Oil's Going Higher
Let's Not Kid Ourselves: Oil's Going Higher
Opinion
Jun 18, 2008 12:09 PM CDT

Let's Not Kid Ourselves: Oil's Going Higher

Why prices will keep rising, and what that will mean

(Newser) - Yes, $4 a gallon seems steep, but the worst is surely yet to come, Robert J. Samuelson writes in the Washington Post. Gas is on pace to rise to $7 a gallon by 2012, with oil rising to $225 a barrel, according to one economist. Oil-rich nations are acting as...

Offshore Drilling Issue May Backfire on McCain

He could make key enemies of Florida and California

(Newser) - John McCain is making a risky bet with his call to end a ban on offshore drilling, Charles Mahtesian and David Mark write in Politico. Polls show a clear majority of Americans are in favor of lifting the ban—but the candidate risks tapping a geyser of resentment in California...

Bush to Push Congress for Offshore Drilling

Like McCain, he says it's time to end the ban

(Newser) - President Bush plans to make a renewed push tomorrow to get Congress to end a long-standing ban on offshore oil and gas drilling. Democrats have opposed the move for years, but rising gas prices are ratcheting up pressure to find domestic solutions. "The president believes Congress shouldn't waste any...

Giant Sinkhole Eats Texas Town

Residents pack their bags as ravenous hole expands

(Newser) - A gigantic sinkhole is gobbling up a small East Texas town, the New York Times reports. The hole—dubbed "Sinkhole de Mayo" by the residents of Daisetta—opened up suddenly, and quickly grew to the size of several football fields, swallowing trees and trucks. Many of the town's thousand...

An Oil Giant, Alaska Faces Gas Crisis

Poor infrastructure, focus on oil exploration behind costly supply issues

(Newser) - Alaska—home of America's largest energy reserves—is facing a major energy crunch. The problem is a lack of infrastructure to get natural gas where it needs to be, the Christian Science Monitor reports. "It's the goofiest thing in the world, to be sitting on top of some of...

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