Obama announces slowdown on new drilling

WASHINGTON (AP) - President Barack Obama says a moratorium on
new deepwater oil wells will be extended for six months while
further investigations of the disaster in the Gulf of Mexico can be
conducted.

The president also said that regulators must have more time to
review permits for drilling and must pay closer attention to
environmental laws.

Obama said some proposed drilling lease sales would be canceled.
He decried what he called a "scandalously close relationship"
between regulators and oil companies and said that would be
stopped.

Obama said he would use the full force of the federal government
to protect citizens and that BP would be required to reimburse all
claims.

The president spoke Thursday at a press conference in the
White House. He's visiting the Gulf on Friday.


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