Monday, July 19, 2010

U.S. issues new offshore oil drilling ban

The Obama administration issued a new moratorium on deepwater oil drilling on Monday, a move the industry said was unnecessary and would place tens of thousands of jobs at risk.

Interior Secretary Ken Salazar unveiled the new six-month moratorium, worded differently from an earlier drilling ban after a U.S. appeals court struck down the original moratorium last week.

"I am basing my decision on evidence that grows every day of the industry's inability in the deepwater to contain a catastrophic blowout, respond to an oil spill and to operate safely," Salazar said.

The new ban will extend until November 30 and affects the same drill rigs as before, although it is based on types of drilling technologies rather than on water depths as the old one was.

No comments:

Post a Comment