Thursday, June 3, 2010

In which Obama's Offshore Oil Policy is Praised. Really.

by RLMiller

Last Thursday, President Obama announced changes to the Administration's offshore oil drilling policy.  As fleshed out by Interior Secretary Ken Salazar and new Minerals Management Service head Bob Abbey, the details are far better than expected.   Yesterday, a new shallow water well was given a permit amid cries of "sellout! hypocrite! meaningless moratorium!" The moratorium never was meant to apply to shallow water drilling (despite a flurry of confusion earlier this morning).  Even so, the policy -- some of which is a temporary moratorium, and some of which appears permanent -- deserves a solid B grade.

continued at Daily Kos....