Page 3 - Drilling Projects News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Drilling project from alaska over the objections from environmental groups for the white house is no final decision has been made. earlier this week the governor said the project and lower heating bills. >> is an unfortunate game being played between the white house, the extremist and the environmentalists that got him there. and unfortunately people of alaska and this country. you want more production to drive the prices down across the board for all americans and alaskans. it is problematic. >> is a presidential candidate joe biden said he would never approve any drilling projects across the...

Approve any drill -- never approve any drilling projects. >> no more subsidies for the fossil fuel industry, no more drilling on federal lands including offshore, no able for the oil industry to continue to krill, period. ends. >> reporter: now, this project is expected to make more than 2500 jobs and you revenue for the federal government by some $17 billion, but right now the left is very outraged about the president's apparent about face. arthel? arthel: so going all electric is bad, krilling for for oil is bas bad, i'm confused. and when will the gop present their budget? i'm sorry, i can'...

$137 billion. big oil could basically just use last year's profits to buy that to take this a step further. that's enough money where they could buy ralph loren, peloton, best buy, etsy, chipotle combined. so what are these companies doing with all of this money? well, they are spending on expensive drilling projects. but not aggressively enough according to their critics which includes the white house. they are spending aggressively on rewarding shareholders. look at these buybacks that have been announced. $4 billion from shell. $50 billion from exxon. and chevron alone, $75 billion in buyba...

Of mexico might not be able to break down this oil as quickly as originally thought, that the depth at which this oil is sitting at this point is breaking down much slower so they worry about the overall time exposure, how long all of this marine life will be exposed to this amount of oil in the gulf of mexico and they worry about what the impacts of that will be and they wouldn't be able to see it for another three or four years in the life cycles of the fish and shrimp that we like to eat out of the gulf of mexico. >> ed hav dalavendera this morn thanks you. drilling for crude in deep ocea...

Oil spewing leak has been completed. right? it's not going to happen. there aren't going to be any new ones. according to the "times," the minerals management service, quote, has issued at least five final permits to new drilling projects in the gulf since last week. head of the department says they're not doing it, they're not going to do it anymore. moratorium. whoa, it's on hold. and the agency just keeps doing it. and here's where it gets really good. listen to this. according to the "times," quote, despite being shown records that indicate otherwise, a spokeswoman for the minerals managem...