Obama Administration Announces Five-Year OCS Plan

It is showtime for the Obama administration, which this morning is announcing its five year offshore oil and gas leasing schedule. While Environmentalists were pressing hard to eliminate sales in the Arctic Ocean, they are still in the plan – sales in both the Beaufort and Chukchi Seas, placed late in the schedule, officials say, for when we know more about the environment and the geology there, and are better prepared to respond to spills.

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