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In 1969 drilling bans were established for offshore California and Florida, and in 1990 President George H. W. Bush banned offshore drilling entirely. Nevertheless, offshore drilling continued in offshore Texas and Louisiana. Offshore drilling became central in the 2008 presidential election, not least because of the oil price increases since 2003.
The U.S. Energy Information Administration (EIA) reported that in 2010, 23.5% of U.S. oil production came from offshore drilling in the Gulf of Mexico [15] The chief argument in the U.S. offshore drilling debate has been to make the United States less dependent on imported oil.
Offshore drilling has continued from existing platforms in state and federal waters. State offshore seabed in California produced 37,400 barrels (5,950 m 3) of oil per day, and federal offshore tracts produced 66,400 barrels (10,560 m 3) of oil per day in November 2008.
When offshore drilling moved into deeper waters of up to 30 metres (98 ft), fixed platform rigs were built, until demands for drilling equipment was needed in the 100 feet (30 m) to 120 metres (390 ft) depth of the Gulf of Mexico, the first jack-up rigs began appearing from specialized offshore drilling contractors. [11]
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Aquaculture is the most rapidly expanding food industry in the world [7] as a result of declining wild fisheries stocks and profitable business. [2] In 2008, aquaculture provided 45.7% of the fish produced globally for human consumption; increasing at a mean rate of 6.6% a year since 1970.
Commercial oil and gas drilling has never occurred offshore Virginia. Unlike the offshore drilling in the Gulf of Mexico, which occurs in both state and federal waters, the proposed offshore Virginia drilling would be exclusively in Federal waters more than 50 miles (80 km) from the coast, and the state has not leased its state waters for drilling.
Aquaculture has been the fastest growing food sector in the world for decades, and people now eat more farmed fish than wild fish. The industry has had to grow. Demand for seafood is soaring and ...