Drilling Decisions News Today

Affect almost every part of our economy, because energy goes into the production, pretty much everything. youre talking about ozone air quality standards and carbon standards and greenhouse gas emissions and maybe fracking on federal land, fracking be the high drawlic fracturing technique that leads to oil and gas production. thats regulated by the state. are you saying that the fed wants to get in on the act and preempt the states? >> i think its a possibility, paul, yes. >> paul: so that would...

Affect almost every part of our economy, because energy goes into the production, pretty much everything. youre talking about ozone air quality standards and carbon standards and greenhouse gas emissions and maybe fracking on federal land, fracking be the high drawlic fracturing technique that leads to oil and gas production. thats regulated by the state. are you saying that the fed wants to get in on the act and preempt the states? >> i think its a possibility, paul, yes. >> paul: so that would...

With blame, the president has not missed an opportunity to point a finger at bp. >> bp is ultimately spoblg. >> bp, as the responsible party. >> bp as the responsible party. >> reporter: as the response to the crisis intensifies, so, too, is the pressure from some lawmakers to scrap offshore drilling rigs. robert menendez of new jersey asked him to reverse course. robert gibbs says that he hasnt seen the letter. the white house will await a review of the accident before deciding how it will impa...