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(Image from article: "Obama to end ban on deep-water oil drilling in Gulf of Mexico")

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Obama to end ban on deep-water oil drilling in Gulf of Mexico

Months after the nation’s worst oil disaster, the Obama administration will lift its moratorium on deep-water drilling in the Gulf of Mexico, the White House announced Tuesday morning.

Panel Is Unlikely to Lift Drilling Ban This Year

A co-chairman of the commission that will study the oil spill said it would probably not lift the moratorium on deepwater drilling until next year.

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