Good news for the Gulf
A federal appeals court ruled on July 29 that new oil and gas drilling in the Gulf of Mexico can go forward as planned; clarifying a decision it issued earlier this year to block some projects initiated during the Bush Administration. An August 19 lease sale is now set for some 18 million acres covering […]
Good for the economy, good for the environment (and not a bad deal for consumers, either)
The federal government kicked off its cash for clunkers program in July, offering some serious money to get old gas guzzlers off the road. If you were thinking a few hundred dollars to take some rusty lawn decorations off the hands of people who couldn’t be bothered to make a trip to the junk yard, […]
CEA August 2009 Newsletter
CEA Newsletter Issue 29 Message from CEA President David Holt Last month marked the first anniversary of the withdrawal from the 18-year old presidential moratorium on domestic offshore energy production by President Bush. Though the lifting of the offshore oil & gas drilling ban was a momentous decision, we are still no closer to accessing […]
CEA: Russian, Cuban Offshore Energy Production Agreement Must Send Strong Message to Washington
WASHINGTON – August 4, 2009 Reports have surfaced that Russia and Cuba have struck a multi-million dollar deal that will, in part, expand energy production in Cuban waters. According to Reuters, “Russia and Cuba have signed contracts that “set the bases” for Russian oil company Zarubezhneft to search for oil in Cuba’s part of the […]