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Search results for "offshore drilling" ...
When the government awards energy companies the rights to drill for offshore oil and gas, it’s supposed to make sure the American public, which owns the resources, doesn’t get screwed. The government is required by law to use “competitive bidding” and to ensure that taxpayers receive “fair market value.” However, decades of data suggest that the government has been falling down on the job, a Project On Government Oversight analysis found. Among POGO’s discoveries: Instead of taking the trouble to estimate the value of individual offshore tracts, the government has simply labeled many of them worthless and has awarded drilling rights on that basis. Energy companies have invested billions of dollars in tracts the Interior Department categorized as “non-viable”—in other words, worthless. Over the past 20 years, more than two-thirds of the leases that ultimately became energy-producing had been deemed worthless by the Interior Department.
After covering the BP spill in the Gulf of Mexico, Ian Urbina and his editors were struck by a simple question: The Gulf spill highlighted the weaknesses in oversight of offshore drilling, are there any weaknesses worth investigating in the regulation of onshore drilling?
In this New Times investigation, Dougherty examines how a billion dollar oil and gas development by the U.S. and Russian on a the Russian province of Sakhalin threaten to decimate the dwindling population of Western Pacific Gray Whale. The species of whale was thought to be extinct for 30 years until the 1980s when Russian scientists identified a small group of whales who migrated to Sakhalin each summer. But in 1994 a multinational oil agreement was formed between the U.S. and Russia, combining money and resources to tap energy fields in Russia, one such area was a small offshore drilling project in Sakhalin. A small group of scientists, biologists and environmentalist have been lobbying the government to protect the endangered whales, but Dougherty reports that the group's pleas have been largely ignored.
San Diego Magazine explores the link between off-shore oil drilling, which is accelerating under the Reagan administration, and air pollution and toxic wastes generated by the oil rigs. The magazine uncovers lax testing by the EPA and other agencies.