Subscribe free to our newsletters via your




OIL AND GAS
U.S. frontier energy plans under fire
by Daniel J. Graeber
Washington (UPI) Apr 28, 2015


disclaimer: image is for illustration purposes only

A South Carolina congressman's question over state authority over maritime territory and concerns about transparency may curb frontier U.S. oil developments.

U.S. Rep. Mark Sanford, R-S.C., was joined by state and local officials in expressing opposition to permits to conduct seismic testing to get a better understanding of potential oil and gas reserves off the coast of South Carolina.

The U.S. Interior Department in February released a draft proposal for 2017-22 for access to federal waters. Ten leases are planned for the Gulf of Mexico, three for offshore Alaska and one, a debut, for waters in the Atlantic.

Sanford said state authorities are sidelined from the federal decision-making process for operations off their coasts.

"It makes little sense to even conduct tests when the states and regions affected will have no say in the process of determining -- especially when factoring potential impacts on the environment, tourism, along with other risks inherent in the process," he said in a statement Monday.

The National Ocean Industries Association, an industry group lobbying for more offshore work, said about 1.34 million barrels of oil equivalent per day could be produced from the Atlantic basin by 2035. Sanford and other regional lawmakers say the risks to established industries outweigh the benefits.

For Alaska, advocacy group Oceana called on the U.S. Securities and Exchange Commission to examine disclosures made by Royal Dutch Shell about their exploration plans for the arctic waters off the coast of Alaska.

Oceana argues there's no proven way to respond should a catastrophic oil spill occur in arctic waters. Mark Templeton, a professor of law who joined the group's complaint from the Abrams Environmental Law Clinic at the University of Chicago Law School, said full disclosure is a shareholder concern.

"Without all of the relevant information, Shell shareholders, analysts and others cannot fully assess the company's financial prospects in the Arctic Ocean and cannot influence Shell's choices about whether to continue to make huge capital investments in the region," he said in a statement.

The American Petroleum Institute and eight other peer organizations said last month too many promising areas, including offshore Alaska, are currently excluded, or off the table completely, for energy explorers. The federal government said it's vetting thousands of comments on whether to open arctic waters near Alaska to drillers.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
West African oil active despite maritime disputes
London (UPI) Apr 27, 2015
Africa-focused Tullow Oil said it was waiting for Ghana to weigh in on offshore oil after an international court decided on maritime boundary issues. The company said Monday a special tribunal on maritime issues in Hamburg ruled against the Ivory Coast in a dispute over oil exploration off the coast of West Africa. The region's deepwater Tweneboa-Enyenra-Ntomme prospect, known al ... read more


OIL AND GAS
Ukraine marks 29 years since Chernobyl disaster

Japan PM office drone may have been there days: reports

Reducing the disaster risk and increasing resilience

Healthier communities recover better from disasters

OIL AND GAS
Telit GNSS module enables high-performance position reporting

China to launch three or four more BeiDou satellites this year

Two new satellites join the Galileo constellation

China launches upgraded satellite for independent SatNav system

OIL AND GAS
Technology can transfer human emotions to your palm through air

MIT study links family income, test scores, brain anatomy

World's oldest tools found near Africa's Lake Turkana

Neanderthals manipulated bodies shortly after death

OIL AND GAS
Decreasing biodiversity affects productivity of remaining plants

Male baboons care about more than just big behinds

A better grasp of primate grip

Mexico boosts protection of near-extinct porpoise

OIL AND GAS
Researchers inform development of Ebola vaccine trials

THoR Aims to Help Future Patients "Weather the Storm" of Infection

Meningitis epidemic kills 75 in Niger

Study of African birds reveals hotbed of malaria parasite diversity

OIL AND GAS
Former China provincial governor tried for graft

China vows crackdown on strippers at funerals

Chinese imperial palace may sue over replica: state media

Tibetan man self-immolates in China: reports

OIL AND GAS
Sagem-led consortium intoduces anti-piracy system

OIL AND GAS
HSBC considers moving HQ out of UK amid bank clampdown

Climate change a 'fundamental threat' to development: World Bank chief

China manufacturing gauge at 12-month low: HSBC

China state-owned company unit defaults on bond




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.