State News

McCrory backs offshore drilling

Posted June 30, 2008

— Republican gubernatorial candidate Pat McCrory said Monday that he would issue an executive order allowing for deep-sea oil exploration and drilling off the North Carolina coast.

“America is faced with an energy crisis that threatens our families," McCrory said in a statement. "The solution to this crisis starts right here in North Carolina. As governor, I will lead in a new direction with a balanced approach to meeting our goal of energy independence. We will actively pursue alternative sources of energy while also welcoming exploration and production of hydrocarbon reserves off our coast."

Top Republicans have sought to lift a moratorium on offshore drilling so that states can have the option of allowing exploration off their shores.

U.S. Sen. Elizabeth Dole said last week she supports the proposal, changing her mind after years of opposition. McCrory's opponent, Lt. Gov. Beverly Perdue, opposes the idea, as does state Sen. Kay Hagan, D-Guilford, who is running against Dole for the U.S. Senate.

"You don't grow a new economy in eastern North Carolina by threatening the fragile coastal environment that is now the primary source of economic development activity," Perdue said.

McCrory said environmental concerns are overblown.

The Charlotte mayor said he would insist that North Carolina receives 37.5 percent of the revenue from oil extracted off the state's coast. The extra revenue and the new jobs drilling would produce could be used to protect the coast and help alternative sources of energy, he said.

"It's very hypocritical of us to pass the responsibility onto other parts of this nation or other countries and have us not participate when we are a major user of energy," McCrory said during a Raleigh appearance Monday.

The federal government believes the billions of barrels of oil off the U.S. coast wouldn't significantly affect production or prices before 2030.

A U.S. Energy Information Administration report last year also said the new oil would do little to move prices after that.

153 Comments

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  • jse830fcnawa030klgmvnnaw+ Jul 3, 2008

    No oil drilling offshore. Use effort on R&D and exploit known alternate energy technologies instead.

  • reb in NC Jul 3, 2008

    McCrory claims that the answer to high gas prices is to drill off the coast of North Carolina. But what he doesn't say is that such a proposal will not reduce the price of gas one single penny. Not only that but it will take five to ten years before a single drop of any such oil gets to the gasoline pump.

    Our leaders need to stand up and tell the truth. Gas today costs $4.00+ per gallon because China and India, one-third of human race, are experiencing unprecedented economic expansion, and thus competing for every drop of oil that is drilled. The era of cheap gas is over...forever!

  • ruthpauly Jul 1, 2008

    blackdog,

    Sorry some times I get to tied to a story.

  • davidgnews Jul 1, 2008

    We cannot conserve our way out of the rising demand for oil from the developing parts of the world. We need the new technologies, but we have to survive until they are ready and the infrastructure to support them is in place. tarheel1980

    We need technology to reign in speculators and whomever is behind them. That, and the weak dollar is behind it as much as world demand.

    They've got you where they want you. McCrory has had (along with all the others) plenty of time to be 'concerned' about this, but now it's convenient to try and make it an election issue. Even Dole didn't care about it until a few weeks ago.

    Funny, that.

  • tarheel1980 Jul 1, 2008

    McCrory is right on this. We cannot wait for the new technologies. Our economy is being decimated by all the money going to purchase oil from outside the US. Why not keep that money here to fuel our economy?

    We cannot conserve our way out of the rising demand for oil from the developing parts of the world. We need the new technologies, but we have to survive until they are ready and the infrastructure to support them is in place.

  • blackdog Jul 1, 2008

    Ruthpauly...you misunderstood me or read something into what I said. You are preaching to the choir about the Nigerian situation. I merely stated, it was a factor....

  • JustAName Jul 1, 2008

    Yes, you are right 20 million a day, 6.6 Billion a year. But, this was just one oil field in North Dakota.

  • wildervb Jul 1, 2008

    "BTW, they estimate that they can recover 3 Billion barrels from there using CURRENT technology. AT 20 million barrels a year of consumption, well let's see that would mean we would run out of oil...tomorrow. Right wildervb? wralblog"

    We use 20 million barrels a day, in a year that is around 7 billion barrels. So the extra 3 billion barrels we might get from N. Dakota is less than a 6 month supply.

    There is a lot of Oil shale out in the West, however, it takes energy to extract it, so it costs a lot more than conventional oil. Maybe at $140 / barrel its economical to extract.

  • davidgnews Jul 1, 2008

    BTW, the point about regular people making millions off of oil, was just that. Regular people are making millions off of oil.

    I did the Google search. Maybe they'll get somewhere with it, as technology has a way of catching up and making things happen. No argument there, if you're looking for one.

    It's not beyond possiblity for 'regular' people to get rich. Where did I ever say it wounldn't be? Is this a defense of oilcos or something? I read the Paul Bunyan story as a kid, and didn't have to live there. I also watched the Beverly Hillbillies. Jed became a millionaire, too.

    I always wanted to go fishing in Minnesota and Wisconsin.

  • moonpie Jul 1, 2008

    CBS News featured a piece on oil shale out in Colorado or Wyoming last night. Seems there's trillions...not billions of barrels of oil and natural gas in the shale layer there. SHELL OIL had come up with a way to extract it. They drill down to the layer and insert heaters that heat the layer to 650 degrees, liquidifying the oil and separating the natural gas. Then they suck it out. It's on a small scale now, but has lots of promise....Maybe we will soon see "hemi" commercials again!

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