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Could we be nearing the end of the oil leaking?
In the meantime, here goes the Obama administration.
http://www.cnn.com/2010/US/07/12/gulf.o ... 1&iref=BN1
New Orleans, Louisiana (CNN) -- BP appears to have placed a new containment cap on its well in the Gulf of Mexico that's been leaking oil since an explosion and fire April 20. BP hopes the new cap will be able to completely contain the gushing oil, but tests are still needed to determine its effectiveness.
In the meantime, here goes the Obama administration.
Earlier Monday, the U.S. Interior Department said Monday it was issuing a new moratorium order in a second effort to block deepwater oil and natural gas projects.
The new moratorium is to "protect communities, coasts, and wildlife" while oil and gas companies implement safety measures to reduce the risks of blowouts and oil spills associated with deepwater drilling, the government said.
The ban will be in effect through November 30, 2010, or until Interior Secretary Ken Salazar determines that deepwater drilling operations can proceed safely.
A previous six-month ban issued in the wake of the Gulf oil disaster was thrown out by a federal judge in New Orleans. Last week, a federal appeals panel rejected the government's request to overturn the lower court judge's decision.
http://www.cnn.com/2010/US/07/12/gulf.o ... 1&iref=BN1