New Drilling Moratorium to Be Released Today
Monday, July 12, 2010 at 1:51 pm
The Associated Press is reporting that the Obama administration will release a new moratorium on offshore drilling later today.
The new moratorium comes as the administration’s first six-month drilling ban on new deepwater drilling — which was issued following the Gulf oil spill — has been challenged in the courts. A federal appeals court last week upheld a district court decision that found the administration did not adequately justify the drilling ban.
More to come…
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