Interior Dept. To Issue New Ban On Deepwater Drilling

The U.S. Department of the Interior plans to issue a new ban on deepwater drilling.

On Thursday, a federal appeals court ruled against its earlier six-month moratorium.

More than a dozen oil industry companies filed a lawsuit last month claiming the drilling ban threatened their livelihoods.

Federal officials say a moratorium is necessary while it studies deepwater drilling risks in the wake of the BP oil spill.

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  • by stanley Location: enterprise Al on Jul 9, 2010 at 09:06 AM
    We dont need another B P mishap. The govenor of La. is only looking at dollar signs. Thats the problem with the U.S. today. GREED!
  • by Anonymous on Jul 9, 2010 at 07:35 AM
    The Federal Government wont be happy until all commerce on the Gulf Coast is brought to a end and Cap and Trade legislation is passed. So prepare for higher taxes and increases fuel and electric bills.
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