President Barack Obama launched an ambitious plan on Wednesday to lift a decades-long moratorium on offshore oil drilling along the East Coast from Delaware to Florida, in the Gulf of Mexico and Alaska.
“This is not a decision that I’ve made lightly,” he said in remarks at Andrews Air Force Base in Maryland. “But the bottom line is this: given our energy needs, in order to sustain economic growth and produce jobs and keep our businesses competitive, we are going to need to harness traditional sources of fuel, even as we ramp up production of new sources of renewable, homegrown energy.”
The plans' backers include T. Boone Pickens, himself a proponent of natural gas.
Dallas billionaire T. Boone Pickens said this week he supports President Barack Obama’s efforts to promote offshore drilling on the East Coast.
Pickens is widely known as an advocate of growing America’s energy reserves through alternative energy sources and drilling.
Ironically, much of California's budget problems would be resolved if their coast was opened up as well however California is the hotbed of environmentalism and so that will never happen.