Friday, April 2, 2010

Obama OKs offshore drilling for Atlantic, Gulf

In a move disappointing environmentalists and potentially much of his Democratic base, President Barack Obama on Wednesday said he would push forward with plans to open major chunks of the Mid-Atlantic region – including North Carolina – to offshore oil and gas drilling.


The lifting of the drilling moratorium, first floated by the Bush administration, is sure to please some Republicans concerned about the president's full-court press to develop domestic green and renewable energy sources at the expense of traditional fossil fuels like coal, oil and gas.

But some of the president's traditional allies questioned if trying to appease Republicans to help move forward other environmental initiatives – such as greenhouse-gas emission limits – was worth the potential price.

This is a part extract from http://www.starnewsonline.com/article/20100331/ARTICLES/100339915/-1/SNOTEST09?Title=Obama-OKs-offshore-drilling-for-Atlantic-Gulf&tc=ar

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