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Energy firms want action on Atlantic drilling

Energy industry leaders are fretting that it could be a decade before the federal government allows them to hunt for oil and gas along the East Coast, unless the Obama administration shifts its...

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Study: Atlantic drilling could give economy $23.5B boost

If companies were allowed to drill for oil and gas in Atlantic waters off the East Coast, the work would help create nearly 280,000 new jobs and contribute some $23.5 billion to the U.S. economy each...

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Critics take aim at upcoming federal report on Atlantic drilling

The Obama administration is on track this week to release a final environmental analysis that would help pave the way for the first seismic studies in decades to pinpoint oil and gas off the East...

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Federal law blocking cheap Texas fuel from reaching frozen East Coast

As freezing weather drained stockpiles of propane to their lowest seasonal level in two decades on the U.S. East Coast this month, shivering New Englanders couldn’t tap abundant supplies sailing out of...

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Environmentalists tap actor to warn about offshore seismic

A conservation group is hoping a little star power will draw more attention to its concerns about seismic oil and gas research proposed in Atlantic waters off the east coast.

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Feds OK first-in-decades oil studies off East Coast

The Obama administration on Friday gave the oil industry the green light to use air guns and sonic sensors to search for possible oil and gas under Atlantic waters, overriding environmentalists...

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Feds urged to put Atlantic waters on auction block

Oil development in Atlantic waters from Africa to Canada should encourage the Obama administration to sell drilling leases in waters hugging the East Coast, a leading industry trade group said Wednesday.

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Gulf Coast drives surge in U.S. exports of petroleum products

The United States is exporting more petroleum products, most of which is coming from the Gulf Coast.

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Obama administration opens door to Atlantic drilling

The Obama administration is poised to unveil a draft plan for selling offshore oil and gas leases that is expected to rule out auctioning drilling rights in parts of the Atlantic Ocean as well as in...

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Tensions ignite on East Coast as White House weighs Atlantic drilling

The prospect of a new generation of Atlantic drilling is stirring a heated debate up and down the East Coast.

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