October 12, 2010
- A d v e r t i s e m e n t
WASHINGTON — The Obama administration on Tuesday lifted the moratorium on deepwater exploratory oil drilling in the Gulf of Mexico — provided companies follow new safety rules.
“Operators who play by the rules and clear the higher bar can be allowed to resume” drilling, Interior Secretary Ken Salazar said at a news conference.
“The oil and gas industry will be operating under tighter rules, stronger oversight, and in a regulatory environment that will remain dynamic as we continue to build on the reforms we have already implemented,” he added.
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