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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
Energy

Gov. Cuomo Asks That New York Be Exempt From Trump’s Offshore Drilling Plans

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Grace Donnelly
Grace Donnelly
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Grace Donnelly
Grace Donnelly
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January 16, 2018, 12:48 PM ET
Offshore Oil Production In Nigeria's Agbami Deepwater Oilfield
An oil worker stands on the deck of the Agbami floating production, storage and offloading vessel (FPSO), operated by Chevron Corp., in the Agbami deepwater oilfield in the Niger Delta, Nigeria, on Monday, Nov. 16, 2015. Nigeria plans to review agreements for deep offshore oil production to seek more favorable terms in line with the latest industry standards, state-owned Nigerian National Petroleum Corp. said. Photographer: George Osodi/Bloomberg via Getty ImagesGeorge Osodi—Bloomberg via Getty Images
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Gov. Andrew Cuomo requested that New York be exempt from an offshore drilling expansion proposed by the Trump administration in a letter to the United States Department of the Interior Monday.

Secretary of the Interior Ryan Zinke announced the Trump administration’s plan to allow for oil drilling in previously protected waters off the coast of the U.S. on Jan. 4.

“The long-term health of New York’s economy is inextricably linked to protecting our ocean resources,” Cuomo wrote in his letter to Zinke. “Much like Florida, New York’s ocean coast is unique and plays a vital role in our economy.”

New York’s beautiful coastline is crucial to our state’s economy. Join me in telling @SecretaryZinke we don’t want drilling off New York’s coast. https://t.co/QPniV3FVc4

— Archive: Governor Andrew Cuomo (@NYGovCuomo) January 16, 2018

Though the Obama Administration looked into opening some areas to oil exploration on a smaller scale, the idea was abandoned in 2016 after concerns from the military, coastal residents, and states that would be affected.

This new proposal is much more ambitious. More than 90% of the continental shelf would be available for drilling rights and only one out of 26 planning areas across the Pacific, Atlantic, and Arctic Oceans and the Gulf of Mexico would be entirely off limits to oil drilling under the Trump Administration’s plan.

Cuomo joins Democratic governors in North Carolina and Virginia in asking for an exemption from drilling along the East Coast.

The Trump administration has already granted an exemption to Florida based on the impact offshore drilling would have to the state’s crucial tourism industry after Zinke met with Republican Gov. Rick Scott.

Governor Scott’s Statement on Trump Administration’s Plan on Offshore Oil Drilling: pic.twitter.com/iQqNU9afsQ

— Rick Scott (@SenRickScott) January 4, 2018

Other states are now making similar claims, and Cuomo pointed to the importance of a healthy coastline to New York’s economy.

South Carolina’s Republican governor, Henry McMaster, has said he will also seek an exemption. Zinke said he will meet with all concerned governors

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