It was one year ago when the Obama administration imposed a deep-water drilling moratorium on new oil and gas wells in response to the Deepwater Horizon tragedy in the Gulf of Mexico. For all practical purposes, the ban continues today - despite the administration’s pre-election announcement in October that it had lifted the moratorium.In the 12 months since the moratorium was imposed, gas-pump prices and consumer anger have risen precipitously. “My poll numbers go up and down depending on the latest crisis, and right now gas prices are weighing heavily on...
Source: http://www.realclearpolitics.com/2011/05/28/running_on_empty_drilling_ban_1_year_later_256286.html
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