US Lifts Ban On Deepwater Drilling

Law360, New York (October 12, 2010, 1:58 PM EDT) -- Secretary of the Interior Ken Salazar lifted the federal ban on deepwater oil drilling Tuesday, saying he was confident new federal rules for rig operators would largely mitigate the dangers of drilling.

“I have decided that it is now appropriate to lift the ban on deepwater drilling for those operators who are able to clear the higher bar that we have set,” Salazar said in a conference call to reporters Tuesday afternoon. “The truth is there will always be risks with deepwater drilling. But we have...
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