In this image provided by the U.S. Coast Guard the conical drilling unit Kulluk sits grounded near a beach 40 miles southwest of Kodiak City, Alaska, Thursday, Jan. 3, 2012. (AP Photo/U.S. Coast Guard, Petty Officer 2nd Class Zachary Painter)

Oil Companies Push For Atlantic Coast Drilling

Since it’s unknown how much gas and oil exist, drilling could be more environmentally and financially costly than oil companies project.