US Govt’s plan to drill off Virginia delayed

Resource Investing News

The federal government’s controversial decision to allow oil and gas drilling off Virginia’s coast is reported to be delayed.
The press release is quoted as saying:
The federal government’s current five-year drilling plan, which was drawn up under the Bush administration, calls for leasing almost 3 million acres in a triangular area located about 50 miles off […]

The federal government’s controversial decision to allow oil and gas drilling off Virginia’s coast is reported to be delayed.

The press release is quoted as saying:

The federal government’s current five-year drilling plan, which was drawn up under the Bush administration, calls for leasing almost 3 million acres in a triangular area located about 50 miles off the Virginia shoreline in November 2011. The Obama administration put that plan under review when it came into office, and U.S. Interior Secretary Ken Salazar says he will decide by this summer whether the prior Bush plan will go forward.

Click here to access the entire press release

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