The United States government is planning to permit oil and gas exploration off the U.S. East Coast (in particular off the coast of Virginia).
Looking for more fossil fuels? That's fine, so long as we don't use them to "grow the economy". If instead, these high-grade resources were put towards making what we have now better instead of bigger, I would say drill now. Use this and Marcellus gas to smelt aluminum and make cement for sustainable development projects, not to light up more of Las Vegas and air-condition sprawling suburbia.