Estimates of offshore drilling’s benefits exaggerated, report says

Posted In News, Pollution
Dec
15

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Photograph: © SAF – Coastal Care.

Excerpts;

A report released in 2013 by the American Petroleum Institute and the National Ocean Industries Association has often been cited by supporters to a plan to open much of the Atlantic coast to offshore drilling. It projects that states along the coastline, including Virginia, would share in the creation of as many as 280,000 new jobs and stand to gain tens of billions of dollars in leasing revenue.

But a report released Tuesday and prepared for the Southern Environmental Law Center contends that the potential economic benefits have been exaggerated and don’t take into account the potential loss of jobs in tourism, commercial fishing and other business sectors…

Read Full Article, The Virginian Pilot

Why U.S. East Coast Should Stay Off-Limits to Oil Drilling, Yale E360 (02-28-2015)
It’s not just the potential for a catastrophic spill that makes the new proposal to open Atlantic Ocean waters to oil exploration such a bad idea. What’s worse is the cumulative impact on coastal ecosystems that an active oil industry would bring…

Don’t Drill Along the East Coast, The New York Times (02-04-2015)

When You Drill, You Spill; Huffington Green (05-27-2015)
The Santa Barbara County spill, one of the largest in California history, reiterates what we already know: We can’t extract oil and transport it without putting our beaches, wildlife, and coastal communities at risk. The sad fact is, when you drill, you spill.

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