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Energy Watch: North Carolina lawmakers to study offshore drilling

With a push on to open up new areas of the U.S. coast to oil and gas exploration, the North Carolina legislature has announced it will create a committee to study offshore drilling.State Senate leader Marc Basnight (in photo at...

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Judges reject Alaska offshore drilling plan

Federal regulators improperly granted Shell Oil permission for exploratory drilling in Alaska's Beaufort Sea, a federal appeals court ruled Thursday.

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Legislative panel to study offshore drilling

North Carolina lawmakers will form a committee to study whether… View original here: Legislative panel to study offshore drilling

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Court orders review of Beaufort Sea drilling plan

A federal appeals court has ordered the Minerals Management Service to take another look at Shell Oil's offshore drilling plan for Alaska's Beaufort Sea.

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Hoyer says no to new offshore drilling bans

Washington Times: A top House Democrat on Tuesday said his party will not push to reinstate a ban on offshore oil and natural-gas drilling next year. House Majority Leader Steny H. Hoyer of Maryland said there will be serious discussion as to the "parameters" to which offshore drilling will be pursued, but Democrats will not try to backtrack after grudgingly giving in to...

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Offshore Drilling in Alaska: Obama Must Slow the Rush

Now that the presidential campaign is over and gasoline has -- for the time being — fallen well below $3 a gallon, the chants of "Drill, Baby, Drill!" have died down. That is a welcome development, for during the campaign voters were lured by the siren's song of offshore drilling and its supposed benefits, while hearing virtually nothing about its costs.But the truth is that the environmental...

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Zacks Analyst Blog Highlights: Loews Corp., CNA Financial Corp., Diamond Offshore Drilling, Inc., Boardwalk Pipeline Partners L.P. and Hewlett-Packard

Zacks Analyst Blog Highlights: Loews Corp., CNA Financial Corp., Diamond Offshore Drilling, Inc., Boardwalk Pipeline Partners L.P. and Hewlett-Packard CHICAGO--()--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog...

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Offshore drilling in Alaska: Obama must slow the rush

Vast areas of offshore Alaska have been opened to oil drilling. The Obama administration must reverse the Bush-era policies to prevent irreparable harm to Arctic wildlife and its biologically productive waters on earth, writes Margaret Williams. From Yale Environment 360, part of the Guardian Environment Network

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Broad drilling ban to stand

House Democrats have no interest in restoring the broad ban on oil and gas development off the Atlantic and Pacific coasts but will seek to "delineate areas available for drilling" when Congress returns next year, the second-ranking Democrat in the House said Tuesday.

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Broad drilling ban to stand

House Democrats have no interest in restoring the broad ban on oil and gas development off the Atlantic and Pacific coasts but will seek to "delineate areas available for drilling" when Congress returns next year, the second-ranking Democrat in the House said Tuesday.

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Industry Hopeful About Offshore Drilling Prospects

“I do not believe at this point in time that there are any proposals being made to reinstate the moratoria across the board,” said House Majority Leader Steny Hoyer (D-Md.) in response to a reporter’s question about his plans regarding a quarter-century-old ban on offshore oil and gas drilling that was lifted last year. Hoyer’s statement, [...]

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Environmental Groups' Wish List for Obama: Curb Offshore Oil Drilling

In the presidential debates this fall, came out in favor of expanding offshore oil drilling in a limited, environmentally sound capacity, effectively neutralizing what had been a politically resonant issue for Republican lawmakers.More News But as he prepares to take over as president, Obama is coming under pressure from environmental groups looking not only to block or sharply limit...

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Hoyer: No plans to restore broad drilling ban, but limits likely

WASHINGTON - House Democrats have no interest in restoring the broad ban on oil and gas development off the Atlantic and Pacific coasts but will seek to "delineate areas available for drilling" when Congress returns next year, the second-ranking Democrat in the House said Tuesday.Majority Leader Steny Hoyer of Maryland made clear in remarks at the National Press Club that some limits on offshore...

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Some say N.C. should consider off-shore drilling

“If states like North Carolina decide to do this, make sure you’re going to get revenue,” said Sidney Coffee, a former coastal adviser to Louisiana’s governor. Currently states receive 50 percent of the revenue from mineral leases on land but typically do not receive any payments for offshore drilling. Under current federal law, North Carolina would not receive any share of the lease...

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Drilling isn’t off the table…yet

Despite Barack Obama’s threats to overturn a Bush Administration executive order allowing oil exploration on 360,000 acres in Utah, thus far Congress isn’t showing interest in reinstating their offshore drilling moratorium…yet. In response to a question today following remarks at the National Press Club, House Majority Leader (and Maryland 5th District Congressman) Steny Hoyer noted (h/t...