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Deepwater Offshore Drilling

Deepwater offshore drilling

WASHINGTON (AP) -- A White House aide has told the Associated Press that President Obama will continue a moratorium on deepwater offshore drilling for six months while a presidential commission investigates the Gulf oil spill. Obama on Thursday will also announce delays in drilling off the coasts of Alaska and cancellations of pending lease sales off the Virginia coast and in the Western Gulf. Ref. USAToday

Drilling Offshore Deepwater

Obama's oil spill solution: stop drilling

President Obama has finally come out talking tough on the oil spill, as he presented his big solution to the ongoing problem: quit oil. That's right, the President announced a series of steps he'd take to solve the problem and most were cancellations of future oil drilling projects. If a doctor botches a surgery would he ban all surgeries? Ref. Source 6

Deepwater Offshore Drilling History & Civil Business Politics

Obama Cites BP "Recklessness," Vows Gulf Coast Compensation, and Calls for Green Energy Future-But Won't Halt Offshore Drilling

Nearly sixty days since the explosion on BP's Deepwater Horizon rig that has spewed over a hundred million gallons of oil into the Gulf of Mexico, President Obama devoted his first Oval Office address to outlining what he called a "battle plan" to tackle the environmental catastrophe created by the BP spill. The address came as government scientists once again sharply increased their estimate of the amount of oil gushing out of BP's blown-out well in the Gulf of Mexico to some 2.5 million gallons a day. Ref. Source 8

Drilling Offshore Deepwater

Judge Blocks 6-Month Moratorium

Federal Judge Blocks 6-Month Moratorium on Deepwater Drilling; White House to Appeal [1:52 p.m. ET] Ref. ABC News

Drilling Offshore Deepwater

I am glad this judge made sure that off shore drilling can continue. I think that stopping it would hurt this nation a lot more than the White house is thinking.

Deepwater Offshore Drilling

Deepwater Driling Restarts

Obama administration to lift deepwater drilling moratorium put in place after BP oil spill, government sources say. Ref. CNN