[This important press release from the Institute for Energy Research yesterday is reprinted for MasterResource readers this weekend.]
Politics, not science drove offshore drilling ban, 40K jobs sacrificed
Washington, DC – In the days following the Gulf oil spill, President Obama requested that the Secretary of the Interior conduct a 30-day review of the offshore drilling program in the United States and issue a report with recommendations. This report was to be “peer reviewed” by a team of seven engineers recommended by the National Academy of Engineering.
The team of engineers reviewed, approved and signed off on a version of the 30-day review that was presented to them by the Administration. However, after they signed their names to this document, a significant change was made – a change that led to the 6-month suspension of deepwater exploratory drilling.…