Falling oil prices threaten to slow the US drilling boom. The downturn has also increased calls to lift the ban on exporting oil and natural gas from the US - an outdated policy that should be changed.
Florida is projected to see an increase in spending, employment and contributions to its economy if Atlantic OCS oil and natural gas resources are developed.
Nearly two-thirds of voters in Florida support offshore drilling for domestic oil and natural gas resources, according to this new poll.
The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling in U.S. coastal waters, announcing steps to open parts of the southeastern U.S. coastline for oil leasing while imposing new restrictions on environmentally fragile waters off Alaska's North Slope.
I was both encouraged and disappointed as I followed the recent U.S. House of Representatives' vote on the Keystone XL Pipeline, which will carry 830,000 barrels of oil per day into Gulf of Mexico refineries from Canada.
The Senate passed a bill on Thursday to force approval of the Keystone XL oil pipeline, which President Obama is certain to veto in his first official clash with the new Republican-majority Congress.
Defying a presidential veto threat, the House of Representatives passed a bill approving the construction of the Keystone XL pipeline.
Nebraska's highest court tossed a lawsuit Friday challenging a proposed route for the Keystone XL oil pipeline, saying the landowners who sued didn't have legal standing to do so. The Nebraska Supreme Court decision could remove a major roadblock for the $7 billion cross-continental project.
Setting up what is likely to be the first of many confrontations with the White House, the Republican-controlled Senate Tuesday announced its first piece of legislation, a bill to approve the construction of the much-delayed Keystone XL oil pipeline.
The US House of Representatives is planning to vote Friday on legislation approving the Keystone XL pipeline, It will be the tenth time since 2011 that the GOP-controlled chamber has passed measures approving the pipeline, which has been under review by the Obama administration for more than six years. The Senate is expected to begin consideration of a similar bill on Wednesday...
