White House Ends Moratorium on Off-Shore Drilling

12 Oct

President Obama has lifted the moratorium on off-shore drilling, originally put in place following the BP disaster in the Gulf of Mexico – which led to the most significant ecological disaster in U.S. history.

Although the moratorium was supposed to last through the end of November, the White House has been under great pressure from the domestic oil and gas industry who have been adversely affected by the ban.

The Interior Department has instituted new safety rules which cover well casing and cementing, blowout prevention, as well as safety certification, emergency response and training for workers, which all new operations must comply with.  Officials have remarked that even with the lifting of the drilling moratorium, it could still take weeks or months for new permits to be issued in the Gulf.  Read more…

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Posted by on October 12, 2010 in Oil, Policy


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