FORUM NEWS

Why $100 Oil Won't Be Coming Back for a Long Time

A growing consensus is emerging from the likes of BP Plc, the International Energy Agency, shale wildcatters and even the Saudis that a near-term recovery to $100-a-barrel crude isn't in the cards. Instead, expect a range of $50 to $60 for at least the next few years.  

Coastal governors seek federal plan for sharing offshore revenue

Seven governors from coastal states recently agreed to seek consolidated federal legislation establishing a multi-state plan for sharing revenue from federal offshore energy development.  

Obama Vetoes Keystone XL Pipeline Bill, Defying GOP

Defying the Republican-run Congress, President Barack Obama rejected a bill Tuesday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency.  

Hundreds attend meeting on drilling off the Carolinas

An Obama administration proposal to allow offshore oil and gas exploration drew hundreds of people to North Carolina's coast for two meetings: one where federal officials gathered comments, and another where drilling critics rallied to voice their opposition.  

The Tyler Cralle Show

Radio broadcast discussing how energy exploration off the North Carolina coast would provide benefits from economic development to national security.  

CoastLine: Oil and Gas Development off the North Carolina Coast

Waters along the eastern seaboard from Virginia to Georgia are included in a draft plan released by the Obama Administration at the end of last month. If the area is not, at some point, excluded from the proposal, lease sales could happen by 2021.  

Lift The Ban On Oil And Gas Exports And Strengthen The US

Falling oil prices threaten to slow the US drilling boom. The downturn has also increased calls to lift the ban on exporting oil and natural gas from the US - an outdated policy that should be changed.  

Obama floats offering first-ever drilling lease in Atlantic

The Obama administration floated a plan Tuesday that for the first time would open up a broad swath of the Atlantic Coast to drilling, even as it moved to restrict drilling indefinitely in environmentally-sensitive areas off Alaska.