Obama Approves Drilling in the Alaskan Coast

Environmentalists aren’t too pleased but petroleum companies are: President Obama and his administration will permit Shell to begin drilling this summer off the Alaskan coast, in the Arctic Ocean.

Earlier this year, Obama permitted offshore drilling in an area of the Atlantic Coast. But throughout his presidency, Obama has continued to introduce restrictive measures on carbon dioxide and greenhouse gas emissions. Now he’s trying to appease both sides by allowing Shell to set up shop in the Arctic Ocean — specifically in the Chukchi Sea — but with some limitations. The Interior Department’s Bureau of Ocean Energy Management will be highly attentive to preserving the Arctic ecosystem and Alaska Native ethnic practices; Shell will be held to strict safety guidelines.

Environmentalists are more nervous than ever, dreading that drilling in the Arctic Ocean will lead to another oil spill, worse than the Gulf of Mexico spill in 2010, where millions of cylinders of oil poured into the Gulf and killed 11 workers. Yet, Shell was drilling into an area of the Gulf of Mexico that was almost 5,000 feet deep — the Chukchi Sea is only 140 feet deep, which will present fewer difficulties.

Experts from both sides contend that drilling in the Chukchi Sea is very risky: the area is isolated, without access to roads, cities, or ports for many, many miles. These circumstances don’t exactly lend themselves to speedy cleanup and relief if another oil spill were to occur. In order for the Interior Department to authorize the drilling, Shell had to apply for all the necessary state and federal drilling permits. Previously, Shell was given approval to drill in the Arctic Ocean during the summer of 2012. Shell hadn’t crossed all its T’s and dotted all its I’s though: the company suffered from many safety and operational issues, and even had an oil rig run ashore.

The Interior Department has strived to rectify US drilling regulations, particularly by only approving drilling during the summer and in shallow water. With this plan moving forward, it’s certain that Obama is trying to balance the scales and maintain harmony between environmentalists, and energy and petroleum companies. It is our hope that Shell covers all its bases and we don’t have another BP oil disaster on our hands.

(From New York Times)

Developed and Written by Dr. Subodh Das and Tara Mahadevan June 12, 2015

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Copyright 2015. All rights Reserved by Phinix, LLC. www.phinix.net    skdas@phinix.net

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“Obama Floats Offering First-Ever Drilling Lease in Atlantic” – AP, 27 January 2015

President Obama has introduced a plan that would allow drilling in parts of the Atlantic Coast, while simultaneously putting an end to any drilling in certain areas in Alaska.

The administration’s proposal concentrates on Virginia, North Carolina, South Carolina, and Georgia, and will sell areas 50 miles off the states’ coasts to oil companies beginning in 2021. Oil companies have been denied access to these areas in the Atlantic Ocean for years, particularly since drilling in those areas was banned in 2008. Additionally, the proposal includes leases for regions in the Gulf of Mexico and Alaska coast. Leases will be sold between 2017 and 2022.

Many politicians cited the 2010 BP oil spill in the Gulf of Mexico as a reason not to move forward with the proposal, which remains the biggest oil spill of its kind in the US. Since then, regulations on offshore drilling have not improved; Congress has yet to adopt new laws that would make drilling safer. Many believe that drilling in these regions is a misguided way of developing energy — and acquiring energy independence — in the US.

However, politicians in the Southeastern states are backing Obama’s plan, asserting that the new venture will boost the economy by creating jobs and encouraging investments. Currently, the US is experiencing a flood in oil, which has caused oil and gas prices to significantly drop.

Areas chosen to be leased and sold are subject to change. Oil generation from offshore drilling supplies 16 percent of the US’s oil. In order to find oil and gas deposits under the ocean, firms will have to run seismic imaging surveys; a process that can take years, the firms attach seismic air guns to their boats that they will drag for miles on the ocean surface. The guns then radiate air and sound, which assists in mapping 2D and 3D images of the ocean floor.

(From Associated Press)

Developed and Written by Dr. Subodh Das and Tara Mahadevan

January 28, 2015

Phinix LLC

Copyright 2014. All rights Reserved by Phinix, LLC.

www.phinix.net    skdas@phinix.net

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