…and there is:
…as a result of the Obama decision, the Interior Department will spend several years conducting geologic and environmental studies along the rest of the southern and central Atlantic Seaboard. If a tract is deemed suitable for development, it is listed for sale in a competitive bidding system. The next lease sales — if any are authorized by the Interior Department — would not be held before 2012.
Emphasis mine. And the entire west coast remains off limits. Which is too bad, because the Santa Barbara platforms could be producing oil within a year. For the refineries that the California government refuses to allow to be built. At least until we change it out this fall.
This looks more like lip service to pretend to compromise, than a serious energy production proposal.