Interior Allows Some Suspended Drilling to Resume

By: Associated Press
By: Associated Press

Washington, D.C (AP) - The Obama administration says 13 companies
whose deepwater drilling activities were suspended last year may be
able to resume drilling without detailed environmental reviews.

Companies will be allowed to resume work at previously drilled
wells, as long as they meet new policies and regulations.

The director of the Bureau of Ocean Energy Management,
Regulation and Enforcement, Michael Bromwich, says the new policy
will accommodate companies whose operations were interrupted by the
administration's five-month moratorium on deepwater drilling, while
ensuring that the companies can resume previously approved
activities.

Bromwich says the firms will not be required to complete a
detailed review under the National Environmental Policy Act. The
companies must comply with new policies and regulations set up in
the wake of the disastrous BP oil spill.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


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  • by Anonymous on Jan 3, 2011 at 02:17 PM
    Now let`s see if this will 'slow down' the increasing price of crude oil and gasoline? I believe that all oil drilled and produced here in the US needs to stay in the US at local prices not OPEC and speculators bids.
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