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22 Jun 2010 11:03


Biz: Nooooo … really? Oil companies want deepwater drilling ban to end

  • There are things the administration could implement today that would allow the industry to go back to work tomorrow without an arbitrary six-month time limit.
  • Transocean CEO Steven Newman • Arguing that the U.S. should back off its somewhat controversial deepwater drilling ban. (His company ran the Deepwater Horizon.) He’s not alone – the BBC quotes Chevron and BP execs (not Tony Hayward) saying similar things. The oil industry is pushing against the regulations and a court decision about the drilling ban is forthcoming. Haley Barbour got a lot of crap about making a similar statement recently, despite the fact that BP is paying workers who have been laid off due to the spill. source