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It refuses to open up the vast oil- and natural gas-rich Outer Continental Shelf (OCS) for exploration and drilling.
FORBES: Magazine Article
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And as the process for the five-year OCS plan -- public hearings, et cetera -- unfolds, that all needs to be folded in.
WHITEHOUSE: Press Briefing on Oil Spill in Gulf of Mexico
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And taken at face value, increased OCS access appears to be a significant compromise coming from those who oppose continued use of traditional energy supplies.
FORBES: EPA is Obama's Offshore Drilling Ace in the Hole
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The Department of Interior which controls permits for drilling on federal onshore lands and the Outer Continental Shelf (OCS) is also exerting a big influence upon fracking operations.
FORBES: Move up http://i.forbesimg.com t Move down
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The Cape Wind project is the most developed of any proposals to build wind facilities on the OCS, but a number of other offshore wind power proposals are also in the works.
FORBES: Alternatives
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Dosoretz says he had forgotten about his ownership stake and it was a mistake to disclose the tie-ins belatedly--but maintains that OCS is just a way to help treat HMO patients, nothing more.
FORBES: Beams and Schemes
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Yet Congress has enacted no meaningful steps to remove the ban against most offshore drilling, despite the almost certain prospect in years ahead that the OCS would substantially boost U.S. domestic oil and natural gas output.
FORBES: Magazine Article
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The New York Times reports that at current rates of consumption, estimates show that there could be as much as a three-year supply of oil and around a two-year supply of natural gas in the OCS areas.
FORBES: After 'Drill, Baby, Drill,' Obama Should Embrace Another GOP Energy Plan
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And again, I would remind you that there -- even what the President outlined at the end of March requires at least two sets of extensive reviews in order to both identify areas suitable for leasing and then ultimately an environmental plan for what ultimately is leased in an area that is on a new five-year OCS plan.
WHITEHOUSE: Aboard Air Force One En Route Andrews Air Force Base