Thursday, April 1, 2010

Bush Lite: "Drill, 'Bama, Drill

Barack Obama took the Republican slogan "drill, baby, drill" as his own today, opening up over 500,000 square miles of US coastal waters to oil and gas exploitation for the first time in over 20 years.

The move, a reversal of Obama's early campaign promise to retain a ban on offshore exploration, appeared aimed at winning support from Republicans in Congress for new laws to tackle global warming. Sarah Palin's "Drill, baby, drill" slogan was a prominent battle cry in the 2008 elections..
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The areas opened up are off the Atlantic coast, the northern coast of Alaska and in the eastern Gulf of Mexico. However, in a concession to his environmentalist base, Obama did retain protection for Alaska's Bristol Bay, the single largest source of seafood in America and home to endangered species of whale. The Pacific Coast from Mexico to Canada is also off-limits....

Interior department officials said the areas opened up today are thought to contain the equivalent of three years' annual US useage of recoverable oil and two years' worth of natural gas.

Under the proposals, a vast swath of Atlantic coast from northern Delaware to central Florida, including about 167m acres of ocean, would be open to drilling. An additional 130m acres of ocean in the Chukchi and Beaufort seas north of Alaska could also open up for drilling following environmental assessment studies. About two-thirds of the eastern Gulf of Mexico would be open for exploration though the plan would bar rigs within 125 miles of the Florida coast.

The state of Virginia could see drilling within 50 miles of the coast, and could issue its first licences as early as next year. However, actual drilling would probably not get underway for years. Drilling would be off-limits throughout the US Pacific coast. Bristol Bay in south-western Alaska would also be off the table until 2017....

The go-ahead for drilling is also a bitter disappointment for environmentalists and Democrats. That could make it even more difficult to stitch together a compromise proposal on climate change in the Senate. Last week, 10 Senators from coastal states, including those now opened up for drilling, issued a letter expressing concern that offshore exploration would hurt fishing and tourism industries....

As a presidential candidate, Obama had repeatedly attacked his opponent, John McCain, for suggesting drilling would lower gas prices, arguing that it would take several years and billions in investment before those areas became productive....

Brendan Cummings, senior counsel at the Centre for Biological Diversity, said: "Today's announcement is unfortunately all too typical of what we have seen so far from President Obama - promises of change, a year of 'deliberation,' and ultimately, adoption of flawed and outdated Bush policies as his own."

--The Guardian (UK)

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