We all know that the Obama Administration has slowed the progress of oil drilling offshore--in the Gulf of Mexico, the Atlantic and Pacific oceans, and offshore Alaska--supposedly to ensure safety because of the oil spill that occurred in the Gulf as a result of BP's accident at its Macondo well last year. But it seems that the moratorium and "permitorium" imposed by the Obama Administration has not been sufficient punishment since the Department of Interior just announced further regulations on offshore drilling. But how is onshore drilling faring? Are we promoting it sufficiently during this time of high oil prices? Not according to a blueprint recently released by the Western Energy Alliance. The alliance is indicating that regulatory changes are needed for western onshore production to reach its true potential.
