Wednesday, March 31, 2010

Three steps back

SAN FRANCISCO - APRIL 16:  Protestors against ...Image by Getty Images via Daylife

WTF: Obama Expands Offshore Drilling Far Beyond Bush
Well, we knew the announcement was coming, and sure enough, here it is: Obama has unveiled his offshore drilling plans, and to the eyes of the environmentally conscious, it ain't pretty. Matt already detailed most of the provisions, which were revealed last night in a leak to reporters. But in case you missed it, the new plan opens up vast swaths of American coastline: some on the east coast and some around Alaska for drilling--a more expansive offering to oil companies than even Bush ever authorized.


Obama's Offshore Drilling Plan
According to the LA Times, here are the biggest implications of the new drilling plan:


Eventually open two-thirds of the eastern Gulf's oil and gas resources for drilling.


Proceed with drilling off Virginia, provided the project clears environmental and military reviews.


Study the viability of drilling off the mid- and southern Atlantic coasts.


Study the viability of drilling in Alaska's Beaufort and Chukchi seas -- areas hotly defended by environmentalists -- but issue no new drilling leases in either sea before 2013.


Pundits and commentators are scrambling to rationalize Obama's move: some say it's a political olive branch to conservatives, some say it's intended to help persuade moderates to consider comprehensive energy reform. Bradford Plumer notes at the Vine that it may be a preemptive measure to quell public furor when gas prices rise above $3 this summer, as they're expected to do.


The move is certainly political--as noted just about everywhere, most of the oil won't be available for 10-12 years, and some of it likely never at all. And there's only 120 million barrels estimated to be found off the coast of Virginia--hardly enough to even put a dent in US dependence on foreign oil.
Playing politics with the environment and our future?


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