clipped by: merrie clipper's remarks: The moratorium remained unchanged for more than a decade until Alaskan Sen. Ted Stevens spearheaded a successful effort to suspend the moratorium in 2003. In January 2007, President George Bush lifted Clinton's moratorium on leasing the drilling rights in the Aleutian Basin. The Aleutian Basin is the only shallow-water leasing area currently offered by the Interior Department. Roughly 80% of the area's waters are less than 200 feet deep. The most promising drilling prospects are located in water depths of about 300 feet. Clip Source: www.forbes.com In a recent appearance on The Daily Show , House Majority Speaker Nancy Pelosi quipped that in the congressional battle over offshore drilling, if the Republicans "want Alaska, we'll give them Alaska." Too late. Even if she's as good as her word, she'll find there's not much left to give. In 2004, Congress quietly lifted the moratorium on oil drilling in the ecologically sensitive Northern Aleutian Basin. On Aug. 1, the U.S. Interior Department's Mineral Management Service completed the first major step toward selling the leasing rights to oil and gas drilling companies by publishing a notice in the Federal Register calling for public comments. Ironically, oil isn't the only energy to be found in the area. The Aleutian Islands have the best wind-power resource potential in the U.S., according to the U.S. Department of Energy. In every season but summer, ...
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clipped by: merrie clipper's remarks: The moratorium remained unchanged for more than a decade until Alaskan Sen. Ted Stevens spearheaded a successful effort to suspend the moratorium in 2003. In January 2007, President George Bush lifted Clinton's moratorium on leasing the drilling rights in the Aleutian Basin. The Aleutian Basin is the only shallow-water leasing area currently offered by the Interior Department. Roughly 80% of the area's waters are less than 200 feet deep. The most promising drilling prospects are located in water depths of about 300 feet. Clip Source: www.forbes.com In a recent appearance on The Daily Show , House Majority Speaker Nancy Pelosi quipped that in the congressional battle over offshore drilling, if the Republicans "want Alaska, we'll give them Alaska." Too late. Even if she's as good as her word, she'll find there's not much left to give. In 2004, Congress quietly lifted the moratorium on oil drilling in the ecologically sensitive Northern Aleutian Basin. On Aug. 1, the U.S. Interior Department's Mineral Management Service completed the first major step toward selling the leasing rights to oil and gas drilling companies by publishing a notice in the Federal Register calling for public comments. Ironically, oil isn't the only energy to be found in the area. The Aleutian Islands have the best wind-power resource potential in the U.S., according to the U.S. Department of Energy. In every season but summer, ...