NO MORE DRILLING HERE: OBAMA

Qatar Today - - BUSINESS > OIL & GAS -

Pres­i­dent Obama, in a move to so­lid­ify his en­vi­ron­men­tal legacy, with­drew hundreds of mil­lions of acres of fed­er­ally owned land in the Arc­tic and At­lantic Ocean from new off­shore oil and gas drilling. Obama used a lit­tle-known law called the Outer Con­ti­nen­tal Shelf Lands Act to pro­tect large por­tions of the Chukchi and Beaufort seas in the Arc­tic and a string of canyons in the At­lantic stretch­ing from Mas­sachusetts to Vir­ginia. In ad­di­tion to a five-year mora­to­rium al­ready in place in the At­lantic, re­mov­ing the canyons from drilling puts much of the eastern se­aboard off lim­its to oil ex­plo­ration.

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