Obama Administration Opens Atlantic to Oil Exploration

The Obama administration opened up the Atlantic to oil and gas exploration for the first time in nearly four decades on Friday.

The announcement from Interior's Bureau of Ocean Energy Management (BOEM) allows the use of air guns and sonic sensors to search off of the East Coast.

It is a major step toward allowing future drilling in the Atlantic, which has remained off-limits for over 30 years.

While the decision doesn't guarantee that lease sales for drilling in Atlantic waters will be included in the Interior Department's five-year plan for 2017-2022, it is a step in that direction.