Offshore oil, renewables in East Coast’s future?

Published October 9, 2014 8:27pm ET



WILMINGTON, N.C. (AP) — Fossil fuel and wind power companies are focusing on America’s East Coast as a coming energy hub and industry representatives said Thursday they want politicians to ease up regulatory restraints in return for the promise of jobs and tax revenues.

Oil companies looking for new sources are blocked from West Coast drilling due to political opposition, while politicians in the Southeast are welcoming, said API offshore policy adviser Andy Radford.

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