Middle Atlantic Coast
A number of oil companies bought federal leases offshore North Carolina, but in 1990 the US Secretary of Commerce denied Mobil Oil permission to drill after Congress passed the North Carolina Outer Banks Protection Act, prohibiting leasing and drilling on federal seabed offshore from North Carolina. Mobil and Marathon Oil sued the federal government to recover money paid for the leases. The US Supreme Court ruled for the oil companies in June 2000, and ordered the federal government to repay $158 million. The government paid, and the companies relinquished the leases.
Read more about this topic: Offshore Drilling On The US Atlantic Coast
Famous quotes containing the words middle, atlantic and/or coast:
“I wanted him to fly, burst like a missile from your throat,
burst from the spidery-mother-web,
burst from Woman herself
where too many had laid out lights
that stuck to you and left a burn
that smarted into your middle age.”
—Anne Sexton (1928–1974)
“There was not a tree as far as we could see, and that was many miles each way, the general level of the upland being about the same everywhere. Even from the Atlantic side we overlooked the Bay, and saw to Manomet Point in Plymouth, and better from that side because it was the highest.”
—Henry David Thoreau (1817–1862)
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—Mae West (1892–1980)