03/22/15 11:00am
KARL GROSSMAN

KARL GROSSMAN

The Obama administration’s recent move opening up a vast area of the Atlantic Ocean to our south to oil and gas drilling comes at a curious time.

Right now there’s so much of the stuff being produced in the U.S. that the industry can’t find places to store it. Add to that the fact that gasoline is at the lowest price in years, and the initiative comes despite the impacts along the Gulf of Mexico, still being felt from the massive 2010 Deepwater Horizon oil spill. (more…)