Tuesday, March 30, 2010

News Alert: Obama to Open Offshore Areas to Oil Drilling

Breaking News Alert
The New York Times
Wed, March 31, 2010 -- 12:01 AM ET
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Obama to Open Offshore Areas to Oil Drilling

The Obama administration is proposing to open vast expanses
of water along the Atlantic coastline, the eastern Gulf of
Mexico and the north coast of Alaska to oil and natural gas
drilling for the first time, officials said Tuesday.

The proposal -- a compromise that will please oil companies
and domestic drilling advocates but anger some residents of
affected states and many environmental organizations -- would
end a longstanding moratorium on oil exploration along the
East Coast from the northern tip of Delaware to the central
coast of Florida, covering 167 million acres of ocean.

Read More:
http://www.nytimes.com/2010/03/31/science/earth/31energy.html?emc=na

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