shale oil

Congress Allows Offshore Oil Drilling Ban to Expire

Congress Allows Offshore Oil Drilling Ban to Expire

WASHINGTON, DC, September 30, 2008 (ENS) – President George W. Bush today signed a consolidated appropriations bill that funds government operations through March 2009, including disaster relief. The measure also lifts a long-standing legislative ban on offshore oil and gas leasing cherished by conservationists. Earlier this year, President Bush lifted an executive moratorium on oil…

The New Obsession: Domestic Oil Drilling

The New Obsession: Domestic Oil Drilling

Skyrocketing American gas prices propagate the growing debate about domestic oil drilling. People are hurting economically, with a rising toll of lost jobs. The amount of debt in the public pocketbook seems more and more similar to the private debt that many Americans have on their credit cards and loans. All of these stresses have…