TV News LIES

Thursday, Jun 22nd

Last update05:20:13 AM GMT

You are here News Energy US President Barack Obama 'to extend oil drilling ban'

US President Barack Obama 'to extend oil drilling ban'

E-mail Print PDF

US President Barack Obama 'to extend oil drilling ban'US President Barack Obama is set to extend a moratorium on deep-water offshore drilling for six months, the White House says.
The move comes as his administration faces criticism of its handling of the Gulf of Mexico oil spill.

The ban will stay in place while a commission further investigates the circumstances of the disaster.
BP says its latest effort to stem the flow of oil from the well after a rig explosion is going to plan.

Thousands of barrels of oil have been spewing into the Gulf at a depth of 1.6km (1 mile) every day since April's explosion on the Deepwater Horizon oil rig.
New procedure

"[Mr Obama] will announce standards to strengthen oversight of the industry and enhance safety, a first step in a process that the independent Presidential Commission will continue," a White House aide was quoted as saying by Reuters.

"While the commission performs its work to determine how to prevent this from ever happening again, the moratorium on permits to drill new deep-water wells will continue for a period of six months."

More...


Most Recent Related Stories...


U.S. labor report, Paris decision backlash send oil prices lower

Oil prices fall after paris accord withdrawalPerceived weakness on the margins of the U.S. labor sector and the reaction to the U.S....

Tunnel collapses at Hanford Nuclear Reservation; no radiation released

Tunnel Collapse at Hanford Nuclear reservationHundreds of workers were told to take cover at the Hanford Nuclear Reservation after a tunnel...

Three Mile Island nuclear plant will close in 2 years, owner says

three mile island nuclear plant to close in 2019The owner of Three Mile Island, site of the United States' worst commercial nuclear power accident,...

Exxon Won't Get Drilling Waiver for Russia, Mnuchin Says

Exxon refused waiver for sanctionsExxon Mobil Corp. won’t be allowed to bypass U.S. sanctions against Russia to resume drilling for...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!