Drillers eye oil reserves off California coast

[Auggie]

S.F. Chronicle, 12-29-08: The federal government is taking steps that may open California's fabled coast to oil drilling in as few as three years, an action that could place dozens of platforms off the Sonoma, Mendocino and Humboldt coasts, and raises the specter of spills, air pollution and increased ship traffic into San Francisco Bay.

Millions of acres of oil deposits, mapped in the 1980s when then-Interior Secretary James Watt and Energy Secretary Donald Hodel pushed for California exploration, lie a few miles from the forested North Coast and near the mouth of the Russian River, as well as off Malibu, Santa Monica and La Jolla in Southern California.

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The bans that protected both of the nation's coasts beginning in 1981, from California to the Pacific Northwest to the Atlantic Coast and the Straits of Florida, ended this year when Congress let the moratorium lapse.

President-elect Barack Obama hasn't said whether he would overturn President Bush's lifting last summer of the ban on drilling, as gas prices reached a historic high. Sen. Ken Salazar, D-Col., Obama's pick as interior secretary and head of the nation's ocean-drilling agency, hasn't said what he would do in coastal waters.

MORE: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/12/28/MN4G14QMVE.DTL&type=politics&tsp=1

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I expect Obama to do the right thing. Still, money has a way of talking in Washington...