Drilling off California's coast temporarily suspended

Jun 26, 1999 02:00 AM

Just days before federal officials were expected to allow oil companies to begin new drilling off California's coast, a federal agency temporarily suspended the plans.
The U.S. Minerals Management Service decided to allow more time to study revised drilling proposals submitted by the companies last month, leaving in place a six-year prohibition of new oil exploration along the state's central coast until Aug. 16.
Oil companies were expected to begin preliminary work for production very soon.
Opponents include Gov. Gray Davis, environmentalists and local organisations who fear new drilling will make the coast vulnerable to oil spills.
"It's unfortunate many of the political candidates and environmental groups are blowing this way out of proportion to what it is," said Frank Holmes, spokesman for the Western States Petroleum Association. "The leases can be developed in an environmentally safe and sound manner."
Susan Jordan of the League for Coastal Protection said the decision buys time, but merely postpones an inevitable showdown.
"I don't see this as a victory at all because what we want is the expiration of these leases," Jordan said.

Source: AP
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.


The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


Upcoming Conferences
« September 2018 »
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events