New US offshore oil leasing plan includes Arctic

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Photo source: ©© Sami Keinänen

Excerpts;

The Obama administration on Tuesday proposed a new plan for offshore oil and gas leases in the Gulf of Mexico and off the coast of Alaska, including the environmentally sensitive Arctic.

The proposed program for 2012-2017 sets out 12 lease sales for areas owned by the federal government in the Gulf of Mexico and three in Alaska, including the Beaufort Sea and Chukchi Sea areas off the northern Alaskan coast, and Cook Inlet.

The plan did not open up for exploration the politically sensitive Atlantic or Pacific coastlines, or the eastern Gulf of Mexico along the Florida coast…

Read Full Article, AFP

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