Puzzled by recent news about Mid-Atlantic oil and gas news? I am. The dramatic swings in position in the past decade have been difficult to follow. News reports say that today’s action by President Obama stabilize the situation for the foreseeable future and squelch offshore drilling here. Some reports say that today’s action may survive as the longest-lived impact of Obama’s presidency.
This article on Sierra Club’s web site does a good job explaining the progress on the issue up until March of this year. At that time it appeared that the administration supported offshore energy exploration here.
The bottom line seems to be that we won’t hear more about offshore drilling here on the mid-Atlantic coast. I am skeptical. We’ve gone to great lengths and pains to support our addiction to oil and gas. Only time will tell.