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Thursday, March 24, 2011

Deepwater Drilling Picking Up

The DOI issued its 5th Deepwater Oil Drilling permit since February 2011, when the started issuing them again.

The Obama administration lifted the ban on deepwater drilling in October 2010, after calling a temporary halt to drilling after the BP oil spill in the Gulf of Mexico.

More domestic oil production will lessen the US dependence on foreign oil imports.

in reference to: Interior picks up pace of deepwater permits - The Hill's E2-Wire (view on Google Sidewiki)

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