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NEWS
Tim Wheeler | April 23, 2012
The Obama administration's move to open the mid- and South Atlantic coasts to offshore oil and gas exploration is scheduled to get a public airing in Annapolis on Wednesday. The Annapolis session is one of a series being held from Florida to New Jersey to take public comments on the Interior Department's proposal to permit seismic and other testing off the Atlantic coast from Delaware Bay to just south of Cape Canaveral, FL The administration had proposed lifting the long-standing ban on Atlantic offshore exploration in 2010, but then reinstated it in the wake of the massive Deepwater Horizon drilling rig blowout in the Gulf of Mexico.  Last month, Interior Secretary Ken Salazar announced Atlantic testing was back on as part of President Obama's "all-of-the-above" energy strategy.
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NEWS
By NEW YORK TIMES NEWS SERVICE | December 21, 1995
PARIS -- Algeria is on the verge of concluding several major energy deals for the development of some of its enormous oil and gas reserves. The agreements will bring a huge injection of capital to the country and are being characterized as a turning point in the West's confidence in Algeria's government.British Petroleum has made a commitment to spend $3.5 billion in Algeria over the next quarter-century, the largest investment by a foreign concern since Algerian independence from France 33 years ago and one of BP's biggest foreign ventures.
NEWS
May 21, 2006
Perhaps it's understandable that a Republican lawmaker from rural northern Pennsylvania would be frustrated at the nation's refusal to allow oil and gas drilling along most of its scenic coast. High energy costs are making it impossible for American industry to match foreign competition, Rep. John E. Peterson complained last week to his House colleagues. "This is the only country in the world that's locked up its outer continental shelf," he said. Mr. Peterson's effort to amend a 25-year ban on offshore exploration to permit the search for natural gas was narrowly rejected by the House a few hours later.
NEWS
August 13, 2007
On June 29, the Bush administration quietly approved a keystone of Vice President Dick Cheney's energy policy: furthering our addiction to oil through the 5-Year Outer Continental Shelf Oil and Gas Leasing Program. The program governs the sale of all offshore oil and gas leases in federal waters over the next five years and anticipates the drilling of more than 10 billion barrels of oil and more than 45 trillion cubic feet of natural gas in some of our most pristine and sensitive marine habitats.
NEWS
December 13, 2006
Folks who have to pinch local government pennies down in the states along the Gulf of Mexico can barely control their glee at the windfall Congress provided them shortly before adjourning last weekend. Lawmakers voted to lift a ban on far-offshore oil and gas drilling in the gulf, and to share royalties on the leases with Louisiana, Mississippi, Alabama and Texas. The states should take care to ensure, though, that those royalties actually get collected. It seems the federal agency in charge of monitoring the leases is so lax there are no guarantees.
NEWS
December 8, 1991
From: Joseph J. Bish Jr.D-2 RepresentativeAs the holidays approach, I see so much good will, caring and giving by the people of the United States. This is fantastic. They donate food and clothing for those who are less fortunate than they are. They gather toys for children who wouldn't have a Christmas if it werenot their good will. Again this is great, but I see the U.S. government is actually using these people.They are saying that we know our good U.S. citizens will always help a fellow American out of theirown pockets, which is the American way and is great, but these unscrupulous so-called government leaders stick it to the caring taxpayer.
NEWS
May 19, 2002
AT THE STROKE of midnight tonight, East Timor will become the world's newest nation, and one of its poorest -- that is, until its off-shore oil and gas reserves are tapped and flowing. After Portuguese rule for 400 years, Japanese occupation for three, Indonesian domination for 24 and interim U.N. administration for another three, the importance of this moment cannot be overstated for this half-island nation at the eastern end of the Indonesian archipelago. East Timor lost a third of its population under Indonesia's brutal rule.
NEWS
November 23, 2005
A. Alexander-Ozinskas, Garrison Forest SPORT FIELD HOCKEY GIRLS STATS -- The senior moved from midfield to defense this season and continued to stand out for the No. 10 Garrison Forest field hockey team. She is also an avid rock climber. SIDELINES -- A straight-A student and Cum Laude Society member, Alexander-Ozinskas wants to become an environmental engineer and help save the planet. In the spring, she'll take part in the Women in Science and Engineering Program, a partnership with Johns Hopkins University.
NEWS
November 28, 2012
Rep. Eric Cantor, the number two Republican in the Congress, has now joined his leader, House Speaker John Boehner, in calling for President Barack Obama's health reform law to be put on the table in the debate over how to avoid the fiscal cliff. Until now , the two issues were pretty clear: Increased tax revenue from the wealthiest 2 percent of Americans in return for cutting entitlement programs. Adding Obamacare to the mix is a classic negotiating tactic. When you are losing the negotiation, put another chip on the table.
BUSINESS
By New York Times News Service | January 29, 1992
TOKYO -- Russia granted a Japanese-U.S. consortium yesterday the right to explore what are believed to be huge reserves of oil and gas just off Sakhalin Island, in what may be one of the biggest and, for the Japanese, politically most important business deals since the dissolution of the Soviet Union.The $8 billion to $10 billion project will be conducted by Mitsui Corp., a giant Japanese trading concern; Marathon Oil Co., which is owned by USX Corp., and McDermott International Inc., a leader in the construction of oil platforms.
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