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Bob Menendez
Obama proposes Atlantic oil drilling; parts of Alaska kept off-limits
Obama proposes Atlantic oil drilling; parts of Alaska kept off-limits

The Obama administration floated a plan Tuesday that for the first time would open up a broad swath of the Atlantic Coast to drilling, even as it moved to restrict drilling indefinitely in environmentally-sensitive areas off Alaska. The proposal envisions auctioning areas located more than 50 miles off Virginia, North Carolina, South Carolina and Georgia to oil companies no earlier than 2021, long after President Obama leaves office. The plan calls for leasing 10 areas in the Gulf of Mexico, long the epicenter of U.S. offshore oil production, and three off the Alaska coast. For Alaska, Obama placed 9.8 million acres of the state's offshore resources off-limits indefinitely. The...

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