The Mississippi House will get to debate a bill setting aside $750 million in oil spill economic damage payments for projects on the Gulf Coast. The Senate passed Senate Bill 2634 last week, but put it on hold.
Category: Oil Spill
Trudeau Joins Obama in Freezing Arctic Offshore Oil Drilling
President Barack Obama banned new offshore oil and gas drilling in more than 100 million acres of the U.S. Arctic and undersea canyons in the Atlantic Ocean, a move certain to provoke a fight with the Republican-led Congress and his successor in the White House. In an announcement coordinated between two of the world’s biggest oil producers, Canadian Prime Minister Justin Trudeau also committed to freeze new offshore leasing in his nation’s Arctic waters and review the matter every five years.
Louisiana’s oil, gas industry expected to benefit under Trump…
In a Sept. 18, 2010 file photo, the Development Driller III, which drilled the relief well and pumped the cement to seal the Macondo well, the source of the Deepwater Horizon rig explosion and oil spill, is seen in the Gulf Of Mexico, off the coast of Louisiana, on the day well was declared dead.