Citing concerns from environmentalists,the fishing and tourism industries, and even the Pentagon, or the Obama Administration has reversed it's decision to allow original drilling off the Atlantic Coast.“We heard from many corners that now is not the time to offer oil and gas leasing off the Atlantic coast,” Secretary of the Interior Sally Jewell said in a statement released Tuesday. “When you factor in conflicts with national defense, economic activities such as fishing and tourism, or opposition from many local communities,it simply doesn’t make sense to move forward with any lease sales in the coming five years.”The U.
S. Interior Department estimates that there are nearly 3.5 billion barrels of recoverable oil off the Atlantic Coast and more than 30 trillion cubic feet of natural gasCoral Davenport, energy and environment reporter for our partner The original York Times, or has the details on this decision.
Source: wnyc.org