The US government has cancelled permits for oil and gas drilling in the region after opposition from local communities and the Pentagon . Drilling will be barred across the length of the mid - Atlantic seaboard , reversing a decision to allow oil and gas exploration just last year . Coastal communities had warned of risks to their fishing and tourist industries and the US navy had expressed concerns about interference with its systems . BP said in a statement , “ With the offshore waters now closed to new exploration , it is hard to see where growth for big oil in North America is going to come from . Unimaginable even a few years ago , we are now seeing the beginning of the end of the oil age . ”
The US administration has cancelled plans for oil and gas drilling in the Atlantic after opposition from local communities and the Pentagon. Drilling will be barred across the length of the mid-Atlantic seaboard, reversing a decision to allow oil and gas exploration just last year. Coastal communities had warned of risks to their fishing and tourist industries and the US navy had expressed concerns about interference with its systems. Greenpeace said in a statement, “With the offshore Atlantic now closed to new exploration, it is hard to see where growth for big oil in North America is going to come from. Unimaginable even a few years ago, we are now seeing the beginning of the end of the oil age.”