Search results
Results from the WOW.Com Content Network
A California law that bans drilling new oil wells near places like homes and schools will take effect after the oil industry on Thursday withdrew a referendum from the November ballot asking ...
A California law that severely restricts oil drilling within close proximity to homes, schools and businesses is set to take effect after an industry group said it would withdraw an expensive ...
The federal government owns the remainder of the territorial waters. The 28 January 1969 blowout at a Unocal rig, which spilled 3 million US gallons (11,000 m 3) of petroleum off the coast of Santa Barbara, California, resulted in drilling bans in offshore California and Florida. [10] Offshore drilling has continued in offshore Texas and Louisiana.
The resulting oil slick came ashore along 35 miles (56 km) of coastline in Santa Barbara County, and turned public opinion against offshore drilling in California. [11] In response to the oil spill, US Secretary of the Interior Walter Hickel removed 53 square miles (140 km 2) of federal tracts near Santa Barbara from oil and gas leasing.
Environmental groups were cautiously optimistic about California Gov. Gavin Newsom’s proposal to ban new oil and gas wells within 3,200 feet of schools and homes, but the oil industry and labor ...
Oil and gas rights offshore are owned by either the state or federal government and leased to oil companies for development. The tidelands controversy involve the limits of state ownership. Although oil and gas laws vary by state, the laws regarding ownership prior to, at, and after extraction are nearly universal.
An initiative funded by fossil fuel interests that sought to reverse California's rules about how close oil wells could operate near homes and schools has been pulled from the November ballot.
The oil and gas company offering the highest up-front payment to the government (called a bonus) wins the lease. The government also receives a fixed annual rental based on the area for non-producing leases, and a percentage of the market value of any oil or gas produced and sold (royalty). The leases expire after a set number of years, or ...