Seahawk sells rig amid downturn in shallow-water drilling
October 14, 2010
Houston Chronicle
Jennifer A. Dlouhy
Seahawk Drilling is selling one of its rigs to an India-based oil service firm — and CEO Randy Stilley warns that could be just the first of many, as the company tries to raise cash and get rid of money-draining assets during a slowdown in new shallow-water well… Read more »
House Natural Resources Committee Ranking Member Doc Hastings (WA-04) released the following statement after Secretary of the Interior Ken Salazar announced an end to the deepwater drilling moratorium in the Outer Continental Shelf:
“Today’s announcement isn’t time for applause, it’s time to demand real, straight answers from this Administration – especially when thousands of American… Read more »
House Natural Resources Committee Ranking Member Doc Hastings (WA-04) released the following statement on the Department of the Interior’s new offshore drilling regulations:
“The Interior Department today announced new rules on drilling, but still refuses to say when the arbitrary, non-science based moratorium will be lifted. When will the Administration actually begin issuing permits?… Read more »
Drilling Plans Off Cuba Stir Fears of Impact on Gulf
September 30, 2010
New York Times
Clifford Kraus
HOUSTON — Five months after the BP oil spill, a federal moratorium still prohibits new deepwater drilling in the American waters of the Gulf of Mexico. And under longstanding federal law, drilling is also banned near the coast of Florida.
Yet next year, a Spanish company will begin… Read more »
House Natural Resources Committee Ranking Member Doc Hastings (WA-04) released the following statement after House Republicans unveiled “A Pledge to America,” a new governing agenda built by listening to the American people that offers immediate solutions to create jobs, cut spending, reform Congress, and keep our nation secure.
“The principles outlined in ‘A Pledge to America’ draw a… Read more »
The Real Gulf Disaster
The Wall Street Journal
September 22, 2010
Editorial
On Sunday Federal spill-response chief Thad Allen declared BP's ruptured well "effectively dead." Now if only Gulf residents weren't stuck coping with the disaster the government created after the accident—namely, the federal drilling moratorium.
The White House has been struggling to justify this ban,… Read more »
House Natural Resources Committee Ranking Member Doc Hastings (WA-04) issued the following statement on today’s report by Louisiana State University Endowed Chair of Banking and economist Dr. Joseph R. Mason on the economic impacts of President Obama’s proposed tax increases on oil and gas. The report concluded that the President’s proposed tax hikes will cost over 154,000 jobs by 2011,… Read more »
AP ENTERPRISE: A look at who got gov't Gulf work
Associated Press
Sharon Theimer
Monday, September 13, 2010
WASHINGTON – The federal government hired a New Orleans man for $18,000 to appraise whether news stories about its actions in the Gulf oil spill were positive or negative for the Obama administration, which was keenly sensitive to comparisons between its response and former… Read more »
Gulf Drilling Ban Would Cost 23,000 Jobs, Regulator Estimates in Memo (Bloomberg 8/23/10)
Gov't: 23K workers affected by Gulf oil drill ban (AP 8/22/10)
Admin. Estimated 23,000 Jobs Lost to Moratorium (RedState 8/23/10)
U.S. Saw Drill Ban Killing Many Jobs (WSJ 8/21/10)
Report: Interior pins 23,000 job losses on deepwater drilling ban (The Hill 8/21/10)
Read more »
On Friday, the House of Representatives debated the CLEAR Act (HR 3534), which included taking a vote on Rep. Charlie Melancon’s (D-LA) amendment to supposedly end the deepwater drilling moratorium. As word gets out that this amendment won’t actually lift the Obama Administration’s job-killing moratorium, Rep. Melancon is scrambling to explain his actions.
Here are five facts about Rep.… Read more »