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Obama Bans New Atlantic Offshore Drilling

stander
stander
in Oil, Gas and Energy News

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The Obama administration announced Tuesday that it is reversing its 2015 proposal to allow oil and gas companies to drill in the Atlantic Ocean off four southeastern states.

Interior Secretary Sally Jewell said that opposition from almost a hundred coastal communities in Virginia, North Carolina, South Carolina and Georgia, and objections from the Pentagon, factored into the decision to not offer leases to companies beginning in 2017.

http://oilpro.com/post/23165/obama-reverses-arctic

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