Obama Floats Offering First-ever Drilling Lease In Atlantic

WASHINGTON (AP) — The Obama administration floated a plan Tuesday that for the first time would open up a broad swath of the Atlantic Coast to drilling, even as it moved to restrict drilling in environmentally-sensitive areas off Alaska. The proposal envisions auctioning areas located more than 50 miles off Virginia, North and South Carolina, and Georgia to oil companies come 2021, long after President Barack Obama leaves office.Read more on NewsOK.com

 

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