Wednesday
Mar312010
Drilling Alone Won't Solve Energy Crisis, Says Interior Secretary
By Chingyu Wang-Talk Radio News Service
President Barack Obama said Wednesday that the recent decision to allow for new oil and gas exploration off America's coasts will help fulfill U.S. energy needs and improve the economy. However, according to Interior Secretary Ken Salazar, offshore drilling alone will not help the U.S. achieve energy independence.
“We expect just in the eastern Gulf alone that approximately a hundred million barrels of oil will come in,” said Salazar during a conference call with reporters on Wednesday. “But ... it’s still a relatively minor amount to the amount of oil and natural gas we import from other sources.”
“We don’t believe that we are ever going to drill our way to energy independence,” he added.
President Barack Obama said Wednesday that the recent decision to allow for new oil and gas exploration off America's coasts will help fulfill U.S. energy needs and improve the economy. However, according to Interior Secretary Ken Salazar, offshore drilling alone will not help the U.S. achieve energy independence.
“We expect just in the eastern Gulf alone that approximately a hundred million barrels of oil will come in,” said Salazar during a conference call with reporters on Wednesday. “But ... it’s still a relatively minor amount to the amount of oil and natural gas we import from other sources.”
“We don’t believe that we are ever going to drill our way to energy independence,” he added.
tagged Energy, chingyu Wang, drilling, ken salazar, obama in News/Commentary
Allegations Surface, BP May Have Arranged Release Of Terrorist For Oil Deal
By Linn Grubbstrom - Talk Radio News Service
Sens. Frank R. Lautenberg (D-N.J.), Robert Menendez (D-N.J.), Charles Schumer (D-N.Y.) and Kirsten Gillibrand (D-N.Y.) sent a letter Tuesday to Secretary of State Hillary Clinton asking her to investigate reports accusing BP of arranging the release of convicted terrorist Abdelbaset al-Megrahi in order to finalize a $900 million drilling deal with Libya.
“If BP is found to have helped free this mass murderer… [then] any money it makes off that oil is blood money,” said Menendez during a press conference Wednesday.
The Scottish government freed the Megrahi on compassionate grounds in August 2009, 2 years after BP started exploring the possibilities of drilling in Libya. The quartet of Senators is pushing the State Department to investigate the situation and to reveal exactly what role BP played in Megrahi’s release.
“We have a clear message for BP. Until this deal is properly investigated this project off the coast of Libya should not break ground. If BP is truly dealing in good faith and has nothing to hide, it should cooperate with such an investigation,” said Lautenberg.
BP is set to begin drilling off the Gulf of Sidra next month.