Analysis: U.S. offshore drilling meets with mix of responses
                 Source: Xinhua | 2018-01-16 07:59:30 | Editor: huaxia

U.S. President Donald Trump speaks during a joint press conference with Norwegian Prime Minister Erna Solberg (not seen) at the White House in Washington D.C., the United States, on Jan. 10, 2018. U.S. President Donald Trump said Wednesday that Washington could "conceivably" re-enter into the global Paris climate agreement, from which he announced the withdrawal last year. (Xinhua/Ting Shen)

by Bruce Westbrook

HOUSTON, Jan. 15 (Xinhua) -- President Donald Trump's move for the largest expansion of offshore oil and gas drilling in U.S. continental waters in decades is met with resistance by coastal states officials and a mix of skepticism and hope by energy industry analysts.

The proposal, announced earlier this month, would open nearly all U.S. coastal waters from the Atlantic to the Arctic oceans to energy development. For several decades, such waters have had federal protections due to environmental concerns.

The Trump administration asserted that such renewed offshore drilling will help achieve "energy independence."

But some said that's unlikely even if renewed offshore drilling transpires, given the facts that oil is less than 70 U.S. dollars per barrel and shale oil reserves are abundant.

KEY TO ENERGY INDEPENDENCE?

Trump's offshore drilling plan would open up 90 percent of U.S. offshore reserves to development by private companies, with 47 drilling leases proposed. Among them, 19 sales would be off the Alaska coast, 12 in the Gulf of Mexico, nine in the Atlantic and seven in the Pacific, all but one of them off California's coast.

Sean Hennigan, managing director of Houston-based Hercules Offshore West Africa, which provides drilling services to oil and gas producers, saw the proposal as a positive step for energy independence, "which is a long-term game."

Since the lead time for offshore drilling "is significant, there will be no immediate impact" from Trump's proposal, he said. "But we're going to need oil for multi-generations to come, and it's better to get that domestically than internationally from an energy independence standpoint."

He added that "people have more incentive to produce oil and gas from shale formations than offshore drilling. Shale oil and gas is abundant and generally less expensive to produce, and it's quicker to get your payback, while an offshore well may take a decade or longer to produce."

That's why he considered the Trump proposal's impact on America's energy independence to be "more of a medium-term" thing. Trump's opening up coastal waterways might take 10 to 20 years to make an impact on the oil and gas industry.

But at the same time, Hennigan said though the industry can meet demands now via shale production, "if there was a drop in production in the Middle East or South America, there would be sorrow in the future if you don't do it now (launch domestic offshore drilling). You won't know you need it till you need it, and you wouldn't be able to respond quickly enough then."

That's why he saw "increasing our access to domestic resources" via renewed offshore drilling as a "safety net if something goes wrong internationally."

DOMASTICALLY POLITICAL ISSUE?

Dubbed the Draft Five Year Outer Continental Shelf Oil and Gas Leasing Program, the offshore drilling plan is not final.

Jon Taylor, professor of political science and director for Master of Public Policy and Administration Program at the University of St. Thomas in Houston, America's energy capital, saw the proposal as more a matter of domestic politics than energy independence.

He said there is "no guarantee that any actual offshore drilling will take place" during the proposal's five-year period of 2019-2024. "I think this will have less of an impact than Trump thinks."

With shale reserves available and oil prices low, "oil companies are going to be reticent to sink massive investments into offshore drilling," he said. And even if there is strong interest, "the impact of expanding domestic offshore drilling and oil production would likely be several years from now rather than immediate."

Trump's government also claimed that allowing offshore drilling would provide billions of dollars to fund conservation of coastlines, public lands and parks -- the same areas which environmentalists say would be most vulnerable to an oil spill accident when offshore drilling goes badly.

While energy industry groups have embraced the proposal, Democratic governors of Virginia, North Carolina, Delaware, New York, California, Oregon and Washington oppose offshore drilling in waters along their coasts, as do Republican governors of Maryland, New Jersey and Florida.

Several of those states benefit from multi-billion-dollar beach tourism industries along what are now environmentally protected waters.

In addition, a coalition of over 60 environmental groups is against the proposal, which it claims would cause severe harm to public health, the environment and marine life.

In a statement signed by leaders of the Natural Resources Defense Council, the Sierra Club, the League of Conservation Voters and other environmental groups, the coalition railed against U.S. coastal waters being "sold off to multinational oil companies."

The coalition called Trump's offshore drilling proposal a "shameful giveaway" to the gas and oil industries.

Trump's offshore drilling plan isn't his only recent move toward a more aggressive energy posture. The administration also recently vowed to rewrite or eliminate many restrictions on offshore oil and gas drilling which had been instituted after a far worse oil spill: the notorious Deepwater Horizon offshore oil rig explosion, fire and spill which occurred in 2010.

That disaster off the coast of Louisiana, or 400 km southeast of Houston, killed 11 oil rig workers and spilled 215 million gallons of crude oil into the Gulf of Mexico, fouling beaches all the way to Florida. It was the worst oil spill in U.S. history.

Potential environmental disasters are a chief concern of several Republican and Democratic governors of coastal states along U.S. continental-shelf waters. They note that the Deepwater Horizon accident continues to have harmful effects on Gulf of Mexico coastal areas, which are still in a recovery mode more than seven years after the accident.

A far narrower plan for U.S. offshore drilling had been considered previously by the administration of former President Barack Obama. But it was abandoned in 2016 due to concerns of Virginia and Georgia, where drilling had been considered, as well as concerns of the U.S. Navy, which holds military exercises in those areas.

Back to Top Close
Xinhuanet

Analysis: U.S. offshore drilling meets with mix of responses

Source: Xinhua 2018-01-16 07:59:30

U.S. President Donald Trump speaks during a joint press conference with Norwegian Prime Minister Erna Solberg (not seen) at the White House in Washington D.C., the United States, on Jan. 10, 2018. U.S. President Donald Trump said Wednesday that Washington could "conceivably" re-enter into the global Paris climate agreement, from which he announced the withdrawal last year. (Xinhua/Ting Shen)

by Bruce Westbrook

HOUSTON, Jan. 15 (Xinhua) -- President Donald Trump's move for the largest expansion of offshore oil and gas drilling in U.S. continental waters in decades is met with resistance by coastal states officials and a mix of skepticism and hope by energy industry analysts.

The proposal, announced earlier this month, would open nearly all U.S. coastal waters from the Atlantic to the Arctic oceans to energy development. For several decades, such waters have had federal protections due to environmental concerns.

The Trump administration asserted that such renewed offshore drilling will help achieve "energy independence."

But some said that's unlikely even if renewed offshore drilling transpires, given the facts that oil is less than 70 U.S. dollars per barrel and shale oil reserves are abundant.

KEY TO ENERGY INDEPENDENCE?

Trump's offshore drilling plan would open up 90 percent of U.S. offshore reserves to development by private companies, with 47 drilling leases proposed. Among them, 19 sales would be off the Alaska coast, 12 in the Gulf of Mexico, nine in the Atlantic and seven in the Pacific, all but one of them off California's coast.

Sean Hennigan, managing director of Houston-based Hercules Offshore West Africa, which provides drilling services to oil and gas producers, saw the proposal as a positive step for energy independence, "which is a long-term game."

Since the lead time for offshore drilling "is significant, there will be no immediate impact" from Trump's proposal, he said. "But we're going to need oil for multi-generations to come, and it's better to get that domestically than internationally from an energy independence standpoint."

He added that "people have more incentive to produce oil and gas from shale formations than offshore drilling. Shale oil and gas is abundant and generally less expensive to produce, and it's quicker to get your payback, while an offshore well may take a decade or longer to produce."

That's why he considered the Trump proposal's impact on America's energy independence to be "more of a medium-term" thing. Trump's opening up coastal waterways might take 10 to 20 years to make an impact on the oil and gas industry.

But at the same time, Hennigan said though the industry can meet demands now via shale production, "if there was a drop in production in the Middle East or South America, there would be sorrow in the future if you don't do it now (launch domestic offshore drilling). You won't know you need it till you need it, and you wouldn't be able to respond quickly enough then."

That's why he saw "increasing our access to domestic resources" via renewed offshore drilling as a "safety net if something goes wrong internationally."

DOMASTICALLY POLITICAL ISSUE?

Dubbed the Draft Five Year Outer Continental Shelf Oil and Gas Leasing Program, the offshore drilling plan is not final.

Jon Taylor, professor of political science and director for Master of Public Policy and Administration Program at the University of St. Thomas in Houston, America's energy capital, saw the proposal as more a matter of domestic politics than energy independence.

He said there is "no guarantee that any actual offshore drilling will take place" during the proposal's five-year period of 2019-2024. "I think this will have less of an impact than Trump thinks."

With shale reserves available and oil prices low, "oil companies are going to be reticent to sink massive investments into offshore drilling," he said. And even if there is strong interest, "the impact of expanding domestic offshore drilling and oil production would likely be several years from now rather than immediate."

Trump's government also claimed that allowing offshore drilling would provide billions of dollars to fund conservation of coastlines, public lands and parks -- the same areas which environmentalists say would be most vulnerable to an oil spill accident when offshore drilling goes badly.

While energy industry groups have embraced the proposal, Democratic governors of Virginia, North Carolina, Delaware, New York, California, Oregon and Washington oppose offshore drilling in waters along their coasts, as do Republican governors of Maryland, New Jersey and Florida.

Several of those states benefit from multi-billion-dollar beach tourism industries along what are now environmentally protected waters.

In addition, a coalition of over 60 environmental groups is against the proposal, which it claims would cause severe harm to public health, the environment and marine life.

In a statement signed by leaders of the Natural Resources Defense Council, the Sierra Club, the League of Conservation Voters and other environmental groups, the coalition railed against U.S. coastal waters being "sold off to multinational oil companies."

The coalition called Trump's offshore drilling proposal a "shameful giveaway" to the gas and oil industries.

Trump's offshore drilling plan isn't his only recent move toward a more aggressive energy posture. The administration also recently vowed to rewrite or eliminate many restrictions on offshore oil and gas drilling which had been instituted after a far worse oil spill: the notorious Deepwater Horizon offshore oil rig explosion, fire and spill which occurred in 2010.

That disaster off the coast of Louisiana, or 400 km southeast of Houston, killed 11 oil rig workers and spilled 215 million gallons of crude oil into the Gulf of Mexico, fouling beaches all the way to Florida. It was the worst oil spill in U.S. history.

Potential environmental disasters are a chief concern of several Republican and Democratic governors of coastal states along U.S. continental-shelf waters. They note that the Deepwater Horizon accident continues to have harmful effects on Gulf of Mexico coastal areas, which are still in a recovery mode more than seven years after the accident.

A far narrower plan for U.S. offshore drilling had been considered previously by the administration of former President Barack Obama. But it was abandoned in 2016 due to concerns of Virginia and Georgia, where drilling had been considered, as well as concerns of the U.S. Navy, which holds military exercises in those areas.

010020070750000000000000011100001368982711
彩神彩票 大发app 凤凰彩票app 乐发iv游戏平台 凤凰彩票大厅 乐发彩票 乐发彩票app下载 大发彩票 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 凤凰彩票大厅 乐发官网 乐发ii下载入口 乐发ll 乐发v平台 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 乐发lv 乐发lll安装 乐发lv 乐发登录入口 乐发iv游戏平台 凤凰彩票登录 网信彩票 彩神 彩神彩票官方网站 彩神彩票官网首页 彩神官方app下载安卓版 凤凰彩票登录 彩神v3 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 快3官网 网信彩票 快3app 网信彩票平台 百姓彩票平台 网信平台官网 快3app下载 百姓彩票 每日彩票 快3app 百姓彩票 每日彩票 快3app 百姓彩票平台 幸运5分彩快3 快3彩票app下载 百姓彩票网站网址 大发10分PK10 快3下载 网信彩票平台 网信平台官网 快3彩票官网app 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 大发彩票app下载 百姓彩票网站网址 彩神购彩平台 每日彩票 官方正规快三彩票平台 彩神彩票购彩平台 百姓彩票 凤凰彩票购彩平台 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 凤凰彩票登录 乐发lv 乐发∨Il 百姓彩票网站网址 乐发彩票 乐发彩票官方网站 乐发lll安装 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 一分快3 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 乐发lll 乐发ii下载入口 乐发彩票官方网站 凤凰彩票官方网站 凤凰快3 彩神彩票官网首页 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 凤凰彩票app 乐发app 网信彩票平台 网信彩票平台 乐发iv游戏平台 凤凰彩票app 乐发lv 乐发彩票app下载 凤凰彩票app 网信彩票平台 乐发彩票app下载 乐发lv 乐发app 大发彩票安卓下载 大发彩票安卓下载 大发彩票 乐发彩票app下载 网信彩票平台 乐发iv游戏平台 彩神彩票 乐发彩票中心 极速快3彩票平台 人人快三凤凰 大发彩票app 大发彩票大全 乐发彩票 彩神彩票官方网站 乐发app 酷天堂彩票平台 凤凰彩票app下载 凤凰彩票大厅 凤凰彩票app 极速快3彩票平台 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 大发彩票app 网信彩票用户 百姓快三 百姓彩票平台 乐发lv 乐发彩票app下载 彩信平台 网信彩票 乐发彩票官方网站 乐发∨Il 人人快三凤凰 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 人人快三凤凰 乐发彩票 彩神彩票 乐发iv游戏平台 乐发彩票 大发彩票中心 凤凰彩票登录 凤凰彩票app 彩神彩票 大发彩票 乐发ll 大发彩票app 凤凰快3 凤凰彩票 彩神彩票 乐发ll 凤凰彩票 乐发lll 凤凰彩票大厅 网信彩票 彩神彩票 乐发lv 快盈彩票 乐发彩票官方网站 盈彩网投资平台 大发官网 一分时时彩 乐发lv 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 彩神iv 大发彩票app 大小单双平台 一分pk10 乐发lv 快盈彩票 乐发官网 快彩彩票 百姓彩票 凤凰彩票大厅 网信彩票 乐发彩票中心 网信快3 乐发 彩神xl 三分快3 大发彩票 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 乐发彩票官方网站 大发彩票 乐发 分分快3 彩神vl 55世纪 55世纪 凤凰快3 乐发彩票 乐发lv welcome凤凰彩票 乐发ll 1分快3 彩神 彩神ll 1分快3官网 1分快3的平台 welcome凤凰彩票 三分快3 彩神x 彩神vl 凤凰彩票 彩神xl 大发彩票 凤凰彩票大厅 乐发官网 乐发ll 乐发lll 乐发lv 大发彩票app 大发彩票 乐发 乐发彩票 乐发彩票中心 凤凰快3 乐发彩票 彩神xl 腾讯快3 大发彩票 彩神xl 大发彩票 乐发彩票 大发彩票app 快3平台 乐发 1分快3 乐发彩票 彩神x 凤凰快3 彩神xl 彩吧助手 大发彩票app 快3平台 大发排列3 彩神iv 彩神vl 乐发IV 彩神x 一分pk10 大发排列3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 一分pk10 凤凰彩票 乐发Vll 大发官网 乐发ll 大发彩票 乐发1 凤凰快3 彩神vl 乐发lx 百姓彩票 乐发VI 彩神x 乐发IV 极速快3 乐发 凤凰快3 网信快3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 凤凰彩票大厅 乐发lv 乐发lv 乐发lv 凤凰彩票 大发彩票 大发彩票 凤凰彩票 乐发lv 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 彩神x 乐发 乐发ll 极速快3 乐发lv 乐发彩票中心 快3彩票 凤凰彩票大厅 彩神x 凤凰彩票app 分分快3 网信彩票 网盟彩票 凤凰彩票 百姓彩票 乐发 快彩彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 极速快3 乐发ll 网信彩票 乐发lv 全民彩票 凤凰彩票app下载 快盈彩票 大发彩票app 大发官网 凤凰彩票 彩神iv 大发彩票 网信快3 凤凰彩票 百姓彩票