Federal regulators, meanwhile, have approved the first new Gulf of Mexico oil well since President Obama lifted a temporary ban on shallow-water drilling last week. On Wednesday, the Minerals Management Service authorized a permit for Bandon Oil and Gas to drill at a site about fifty miles off the coast of Louisiana. Environmentalists have criticized the Obama administration for allowing continued drilling at shallow-water sites.
New Drilling Well Approved in Gulf of Mexico
HeadlineJun 03, 2010