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Seven state governors are urging President Obama to loosen up regulatory requirements for deepwater drilling, in a written letter to the White House.
Federal regulators won’t rush the issuance of offshore drilling permits amid ongoing Republican criticism that the Obama administration has slowed the rate of approvals, said James Watson, director of the Bureau of Safety and Environmental Enforcement.
A year after the Obama administration lifted a deep-water drilling ban imposed in response the Gulf oil spill, the offshore energy industry is still struggling to rebound, coastal and business leaders said Wednesday.
One year ago today, the Obama administration lifted the ban on most deepwater drilling that was temporarily imposed after the Gulf oil spill. House Republicans are marking the anniversary with a hearing focused on the lingering effects of that five-month moratorium.