Obama opens door to offshore drilling in Virginia, rejects plans for new Alaska sites:
In a reversal of a long-standing ban on most offshore drilling, President Barack Obama is allowing oil drilling off Virginia’s shorelines and considering it for a large chunk of the Atlantic seaboard. At the same time, he’s rejecting some new drilling sites that had been planned in Alaska.
Unfortunately, even the AP here is noting in the opening paragraph that President Obama is taking something away while giving something of lesser value.