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Content Tagged As drilling
Tagged News
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Obama keeps moratorium on offshore drilling along California coast
March 31, 2010 12:03 PM
President Obama has announced plans to expand offshore oil drilling along the Atlantic coast, but keep a moratorium on offshore oil drilling along California's coast in effect. The president argued Wednesday morning that American must break its dependency on foreign oil and rely more on what he calls "homegrown... more » -
Controversy flares up over proposed oil tax
March 18, 2010 1:40 PM
Assemblyman Pedro Nava (D-Santa Barbara) has introduced a controversial new bill called The Oil Industry Fair Share Act. The legislation would establish an oil severance tax of 10 percent on the gross value of each barrel of crude oil pumped by companies in California. He says the tax will provide... more » -
Eco groups withdraw support of Calif. oil drilling
February 4, 2010 5:52 PM
LOS ANGELES (AP) - Nearly two years ago, a broad coalition of environmental groups celebrated a deal with a Texas oil company that promised to eventually end its drilling operations off California's scenic Santa Barbara County coast. Now, a growing number of those former eco allies are lining up against... more »
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