Friday, May 7, 2010

U.S. has little choice but to drill offshore

Subject: txt engry -
If the oil spill off the Louisiana coast leads to a federal ban on ultra-deepwater drilling and production [the only kind Obama's March 'opening up' opened up] it could cripple an increasingly important source of America's domestic oil supply.

So far, the Obama administration hasn't imposed any ban, temporary or longer term, on existing ultra-deepwater operations, but it's delayed new exploration in deep water of the Mid-Atlantic coastline and the eastern Gulf Coast off Florida...




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