Real Estate in Spring Lake NJ

Real Estate in Spring Lake New Jersey is a very valuable commodity.  It’s one of the most exclusive New Jersey Communities and probably the most exclusive community by the New Jersey Shore.  The proximity to the beach make this small shore community a beautiful place to live or vacation.

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On this website you will find resources on real estate in Spring Lake NJ and a tremendous amount of information.  We are interested in assisting anyone wishing to buy sell or rent property in Spring Lake NJ.

Spring Lake NJ News

From APP

Offshore oil and gas drilling poses threat to state's beaches, tourism

Posted by the Asbury Park Press on 06/27/06

BY A. GREGORY AURIEMMA

Last week, the House Resources Committee gave a substantial victory to proponents of opening ocean waters off the Outer Continental Shelf, including areas off the Jersey Shore, to oil and gas exploration. The measure would lift a 25-year bipartisan moratorium in drilling in these environmentally sensitive areas.

The Sierra Club, the largest grass-roots environmental organization in America, has consistently opposed lifting the moratorium. We believe the moratorium is particularly important to protect New Jersey's beaches and our tourism industry. Meanwhile, drilling proponents perpetuate the myth that significant quantities of offshore oil and gas resources are foolishly "off limits" and that Outer Continental Shelf drilling would greatly add to America's energy independence.

In reality, the moratorium is only a limited one. The oil and gas industry already has access to the vast majority of the proven oil and gas resources off America's coasts. The Interior Department estimates that at current levels of consumption, lifting the Outer Continental Shelf ban would satisfy the nation's oil needs for only about 16 years and its natural gas needs for about 25 years.

Apart from its obvious failure to significantly add to domestic energy supplies, two critical issues are raised by this misguided proposal: The first is the potential threat to New Jersey's beaches. The second is the broader issue of whether "Big Oil and Gas" has exploited the government's offshore "royalty" payment system to achieve record corporate profits at taxpayer expense. Jersey Shore residents should know the facts on both:

Outer Continental Shelf drilling proponents present their bill as a compromise since theoretically each state would have the opportunity to opt out of drilling off their respective coasts. Thankfully, New Jersey's elected officials are largely united against Outer Continental Shelf drilling.

However, the bill places significant legal hurdles to opting out. More importantly, it ignores the insurmountable problem of oil spills in opt-in states polluting New Jersey's beaches. An oil slick does not respect states' geographic coastal boundaries in its migration or honor politicians' ugly compromises in its own dirty ebb and flow.

The coasts of Florida, the Carolinas and Virginia are some of the primary targets of Outer Continental Shelf drilling advocates. Among these, Virginia is our nearest neighbor. Some short-sighted Virginia politicians favor opting in for the revenue it would provide.

The ecological fate of New Jersey beaches should not lie in their hands. Virginia is just 75 miles from New Jersey beaches. A catastrophic spill in Virginia could destroy the ecology and economic values of the Jersey Shore for generations to come. It's more than idle speculation.

The Exxon Valdez oil spill traveled 470 miles in 56 days and is still polluting the area 17 years later. Meanwhile, Exxon pays high-priced lawyers to fight the fines imposed in a court of law. Thus, the line in the sand we must draw against drilling to protect New Jersey's beaches must include the Atlantic Outer Continental Shelf, without exception.

Now what about those record oil and gas corporate profits some even call "obscene"? Isn't making money the American way? It depends. About one-quarter of all oil and gas produced in the U.S. comes from federal lands and federal waters in the Gulf of Mexico. According to the Interior Department, the U.S. "royalty" system will let companies pump about $65 billion worth of oil and gas from federal territory over the next five years without taxpayers receiving a single dime. And one particularly greedy major corporation has even filed suit against the federal government that, if successful, could cost taxpayers another $28 billion in lost revenue.

How can all this be? It started with an honest miscalculation by the Clinton administration when it supported the Deep Water Royalty Relief Act some years ago. But it's a mistake that is now gleefully embraced by the Bush administration. To the extent that the administration has an energy policy, it was forged when Vice President Cheney, who has made millions in the oil industry, met behind closed doors with his "Big Oil and Gas" buddies. Despite litigation by environmental groups, what was discussed between Cheney and his industry friends at those secret meetings may never be fully known. But we know the results. The Bush administration ignored pleas to modify the royalty system in the 2005 Energy Policy Act. It continues to oppose any windfall profits tax to this day.

So in the vacuum created by the Bush administration's lack of a real energy policy, which should include energy efficiency and clean, renewable resources and reduce our dependency on fossil fuels and foreign oil in particular, "Big Oil and Gas" fashioned its own energy policy. It's called, "Take the Money and Run." Taxpayers should receive fair return for use of taxpayer property. Does "Big Oil and Gas" rip off American taxpayers? The Sierra Club answers with a resounding, "Yes," and those corporations should be held accountable.

Tip #19

Home Buying Tip, Online Searching:
Searching online is a very effective way to look for real estate in New Jersey, or anywhere for that matter.  Good websites allow you to search through multiple MLS’s so you can cover a wide range.  For example here you can Search for NJ Real Estate.

After you find the house you are interested in you can inquiry with the real estate agency to find out more information or to arrange an appointment to view the house.

 

Tip #18

Home Selling Tip, Targeting Out Of State:
When you sell your home you sometimes have to put yourself in the potential buyers’ shoes.  In New Jersey many home buyers are from the surrounding area, like New York or Pennsylvania.

Knowing this can allow your agent to market your house more effectively.   If he/she will advertise in a New York publication they can describe the proximity to NY.  This allows your potential Buyer Base to expand.

Homes For Sale in Spring Lake NJ