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SC reviews permit applications for offshore seismic surveys; conservation groups opposed

Three companies that conduct seismic surveys want South Carolina to sign off on applications for federal permits that would allow surveying for oil and natural gas in the Atlantic off the state's coast as early as this summer.
The shell game with oil

...Institute Fellow Lee Lane writes for Politico.But what about the president's promise to open the Eastern Seaboard to oil and gas leases? Wouldn't that be counterintuitive?It would, if it were to actually happen. But we're not convinced it will...
Report: Wind means more jobs, more energy for Carolinas

...refineries as in Louisiana and Texas.The federal Bureau of Ocean and Energy Management is reviewing where to issue oil and gas leases on the Outer Continental Shelf between 2017 and 2022. Three years ago the agency held public hearings in both Carolinas...
New BP CEO took unusual turns to top

...resources could be threatened. The U.S. Congress is considering a proposal to block the awarding of any new offshore oil and gas leases to companies with bad safety records. BP would be targeted, the way the legislation is written. BP might also...
Three-fourths of oil and gas leases on federal lands aren't producing

...concluded. For oil companies, vast holdings of federal oil and gas leases, even if undeveloped, show up in their financial...together controlled 3.9 million acres of federal oil and gas leases in March, according to BLM records. Just 1.2 million...
Business briefs

...ANCHORAGE, ALASKA --- For the fifth time in a decade, the federal government will allow oil companies to bid for oil and gas leases in the sprawling National Petroleum Reserve-Alaska, officials announced Wednesday. No oil or gas production has...
Oil companies head to deeper Gulf waters

...barrels of oil a day as of March 20, the MMS said. The agency also noted that at the end of 2008, 57 percent of Gulf oil and gas leases were in depths greater than 1,000 feet, up from 54 percent a year ago. Marvin Odum, the president of Shell Oil...
Bidder 70

Now Playing Synopsis: A cautionary yet inspirational tale of civil disobedience, Bidder 70 offers a fascinating look at the clash between activism and modern politics by detailing the grueling legal struggle endured by Tim DeChristopher, who spent two years in prison for bidding $1.7 million for 22 acres of land in Utah at a controversial Bureau of Land Management Oil and Gas lease auction, though he had no intentions of paying. A University of Utah economics student at the time, DeChristopher put his future on the line to block plans by gas-industry power players to drill on the land, signaling the beginning of a five-year legal battle that encouraged a national dialogue on the topic of environmental preservation. ~ Jason Buchanan, Rovi Cast: Tim DeChristopher, Robert Redford, Terry Tempest Williams, James Hansen, Terry Root Movie Details Buy Tickets Movie Review