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Keyword: offshoremoratorium

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  • Energy Department sneaks offshore moratorium past public

    07/10/2012 11:40:19 AM PDT · by listenhillary · 39 replies
    Washington Times ^ | July 9, 2012 | Thomas J. Pyle
    While the Obama administration was taking a victory lap last week after the 5-4 Supreme Court decision to uphold the president’s signature legislative accomplishment, Obamacare, the Interior Department was using the media black hole to release a much-awaited five-year plan for offshore drilling. That plan reinstitutes a 30-year moratorium on offshore energy exploration that will keep our most promising resources locked away until long after President Obama begins plans for his presidential library. (snip) In the past three years, the government has collected more than 250 times less revenue from offshore lease sales than it did during the last year...