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Voices of the Gulf Blog Oil

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Last year, the Obama administration imposed a drilling moratorium in the Gulf of Mexico. This shut down all drilling and froze all permits to drill new, deep-water wells. After six months, the moratorium was lifted, but nothing changed. It was only after the loss of tens of thousands of jobs and skyrocketing gas prices did the Obama administration began approving a handful of permits. This lack of new energy exploration…

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