Taxonomy term

offshore drilling

Sea sprawl: Into the blue frontier of ocean development

Picture it: Dozens of kilometers off the coast of Texas, a giant polygon-shaped cage constructed of steel ribs and mesh netting floats 30 or so meters beneath the waves. The cage, moored to the seafloor, is filled with tens of thousands of teeming, silvery fish. Several kilometers away, offshore wind turbines sprout from the sea surface in a curving line, their spindly white arms churning the atmosphere.

01 Mar 2010

Congress lets bans on outer continental shelf drilling expire

In July, President Bush lifted the executive ban on outer continental shelf (OCS) drilling, putting pressure on Congress to follow suit.

In the face of increased fuel costs and a weakened economy, lawmakers in both chambers have demonstrated a willingness to compromise on the issue. The House was able to pass a compromised energy bill on Sept. 16, by a vote of 236 to 189. The legislation would allow drilling 160 kilometers (100 miles) from shore and would provide states the option to drill 80 to 160 kilometers (50 to 100 miles) from their own coasts.

25 Sep 2008

Brazil says 'no thanks' to OPEC

I didn't know you could do that. 

Back in August, Iran had invited Brazil to join OPEC, but Brazil declined, saying it had "other priorities." And now, Saudi Arabia has invited Brazil into the cartel.

17 Sep 2008