Obama Administration Lifts Deep-Water Drilling Moratorium

Discover, October 13 2010.

On Tuesday the U.S. government repealed the six-month ban on deep-water drilling in the Gulf of Mexico, enacted in May in response to BP’s Deepwater Horizon oil spill.

“We are open for business,” Interior Secretary Ken Salazar told reporters in a phone call Tuesday afternoon, adding, “We have made, and continue to make, significant progress in reducing the risks associated with deep-water drilling.” Read More >