Tuesday, December 7, 2010

Official Says U.S. Won't End Drilling Ban in Eastern Gulf

The Obama administration is rescinding its decision to allow
offshore oil drilling in the eastern Gulf of Mexico and along
the Atlantic Coast because of the BP oil spill, an
administration official said.

The official said that drilling would remain under a
moratorium for those areas for at least the next five years,
until stronger safety and environmental standards are in
place. Drilling will continue in the central and western Gulf
of Mexico, although under a set of new safeguards put in
place since the deadly BP explosion and oil spill in April.

Interior Secretary Ken Salazar announced the expansion of
drilling in March, just weeks before the BP accident, as part
of a political plan to encourage more domestic oil production
in exchange for limits on carbon emissions. The eastern Gulf
and the Atlantic seaboard had been off-limits to oil
companies for years because of congressional opposition.

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