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Tag Archives: gulf of mexico

Climate coalition urges no new fossil fuel leasing off Virginia, other public areas

offshore rig

Even as offshore Virginia is eyed as a potential site for federal oil and gas leasing, a climate coalition is urging the president to halt new fossil fuel development on public lands and oceans. The coalition plans to deliver a letter signed by more than 400 individuals and groups to the White House Tuesday morning, calling on President Barack Obama ...

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Settlement reached in lawsuit over decade-old Gulf oil leak

NEW ORLEANS — Environmental groups and a New Orleans energy company have reached a settlement agreement in a lawsuit stemming from the company’s failed efforts to stop a decade-old, slow-motion oil spill in the Gulf of Mexico. A federal court filing Thursday stated that an agreement had been reached between Taylor Energy Company and the environmental groups. Taylor said in ...

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Hurricanes long term impact on oil and gas in the Gulf

Almost ten years have passed since the Hurricane Katrina catastrophe. The damage caused cost between $96-$125 billion. Between cleaning up and prevention preparation, much remains to be done to prepare oil and gas development for future hurricanes. According to About News, “Hurricane Katrina affected 19 percent of U.S. oil production. Hurricanes Katrina, and previous Hurricane Rita, destroyed 113 offshore oil ...

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Leases for sale on Texas offshore tracts

Leasing became available for 21.9 million acres of federal tracts off the Texas coast today, but a major profit is unlikely, the Associated Press reports. In the midst of still-floundering oil prices, oil lease sales typically don’t yield significant sales. A March lease sale in in central Gulf of Mexico—a far more sought-after patch of land—attracted the lowest number of ...

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Shrimpers decry low prices, damage caused by shrimp imports

NEW ORLEANS — Dozens of Louisiana shrimpers — ranging from Vietnamese-Americans to Cajun fishermen — rallied Wednesday in downtown New Orleans to bewail low prices, farm-raised shrimp imports and other woes in their industry. Shrimpers spoke out at a meeting of the Gulf of Mexico Fishery Management Council, a body of industry and government representatives that regulates fishing in the ...

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