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US lifts its ban on Gulf drilling early but toughens up regulation

first_img Share whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp THE AMERICAN government lifted its ban on deepwater drilling yesterday, weeks ahead of its 30 November deadline. The Obama administration said drilling can resume once companies comply with new drilling rules and show they have adequate blow-out containment resources. The ban was put in place after the Deepwater Horizon disaster in April, which killed 11 workers and resulted in America’s biggest ever oil spill. There is still uncertainty about exactly when drilling will resume, as wells need to pass independent inspections as part of the new rules. “There is a difference between lifting the moratorium and securing the drilling permits needed to return to work,” said oil company Shell, which operates the Perdido well in the Gulf of Mexico. “It’s imperative to ensure agencies have the capacity to process the back log of drilling permits in a timely manner and consistent with the new safety rules.”KBC Advanced Technologies consultant Mark Routt said: “That uncertainty itself can lead to rigs moving away or companies pursuing opportunities elsewhere. We continue to have a cloud over what’s going to happen here.” US lifts its ban on Gulf drilling early but toughens up regulation center_img Tuesday 12 October 2010 9:10 pm KCS-content More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Tags: NULLlast_img

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