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Obama Issues Another ‘Black Friday’ Decision To Restrict Offshore Drilling

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The Obama administration won’t allow energy companies to conduct deep seismic testing off the Atlantic Coast, arguing there’s no point in allowing it in offshore areas regulators have made off-limits.

“Since federal waters in the Mid and South Atlantic have been removed from leasing consideration for the next five years, there is no immediate need for these surveys,” Abigail Ross Hopper, the director of the Bureau of Ocean Energy Management (BOEM), said in a statement. – READ MORE

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