worst oil spill in our history. so what we have done is to put in place common sense standards that we have approved more than 35 new offshore drilling permits. reporter: again, that s true, but the obama administration has only issued one permit for deepwater drilling since lifting its moratorium on the activity and that permit granted two weeks ago was to resume existing project. the three dozen permits that mr. obama referred to are almost all for shallow water drilling which experts say will only account for 10% of the future oil discoveries. senate democrat from the gulf region voiced her frustration of the policy to interior secretary at a hearing last week. what are you specifically pointing to get the permits increase so our people can get back to work? the president repeatedly said the u.s. controls over 2% of the world s oil but the industry analyst pointed to a report by the congressional research center that sites recoverable oil in the u.s. to say we control 17% of t
history. so what we have done is to put in place common sense standards that we have approved more than 35 new offshore drilling permits. reporter: again, that s true, but the obama administration has only issued one permit for deepwater drilling since lifting its moratorium on the activity and that permit granted two weeks ago was to resume existing project. the three dozen permits that mr. obama referred to are almost all for shallow water drilling which experts say will only account for 10% of the future oil discoveries. senate democrat from the gulf region voiced her frustration of the policy to interior secretary at a hearing last week. what are you specifically pointing to get the permits increase so our people can get back to work? the president repeatedly said the u.s. controls over 2% of the world s oil but the industry analyst pointed to a report by the congressional research center that sites recoverable oil in the u.s. to say we control 17% of the world s oil in washi
reporter: the secretary said no regulations should take industry by surprise because they have been notified in phases. shepard: what will it cost the operators of the rig? reporter: no the administration refused to make any projection. back in july they prepared a secret economic impact assessment for the moratorium itself, a document that surfaced in court papers more than a month later. experts told fox news it is likely a similar economic impact analysis was compiled in conjunction with the new regular layerses but the obama administration absent a court marrying, is unlikely to make it public. too many variables to assess specific costs. again, we can be sure of one thing: that is, the over all costs of regulatory burden will rise in this industry. reporter: experts say an existing de facto moratorium on shallow water drilling remains
according to researchers at the university of georgia, nearly 80% of the oil from bp s busted well is still contaminating the gulf waters. 80%. earlier this month, federal scientists said only about a quarter of the oil remains. while the rest was either removed or desolved i dissolved or went poof. obama administration releasing new rules requiring environmental assessments for all deep water. for now it means no more environmental exemptions like the very kind that aloud bp to drill it blown out well with almost no oversight. there will also be stricter rules for shallow water drilling. the interior department reports the policy will be in place pending a review of the exempt granting process. a suspected murderer is on the loose in philadelphia. officials say he escaped from a prison van on saturday, a day after the cops arrested him for
depth before. these vessels started the top-kill procedure this afternoon. a mile beneath the sea, we have learned, is a difficult, dangerous place to drill for oil. we must still meet our energy needs, right? what s the alternative, shallow water drilling is? drilling for oil at shallower depths, it means we have the technology and know-how to immediately cap the spill. like the one that occurred tuesday over the southern louisiana coast. a barge collided with an abandoned wellhead in the bay releasing an unknown amount of oil and gas into the gulf. don t worry, is shallow water. we ll cap it immediately. except it will take another ten to 12 days to cap that well. which makes you reconsider whether drilling in shallow water is the kinder, gentler way to get our oil. environmental safety users say, once the oil is taken out of the