400 Gulf Offshore Drilling Leases Approved By Government AFTER Oil Spill

Obama Administration Quietly Approves 400 New Offshore Drilling Leases

While existing rigs may be out of commission for the near future, the administration hasn't exactly put the brakes on new oil and gas drilling ventures. In recent weeks, the government has quietly approved the sale of more than 400 new leases for vast swaths of the Gulf of Mexico.

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