White House aide: Obama extends moratorium on deepwater wells

President Barack Obama plans to announce at a midday news conference Thursday that a moratorium on new deepwater oil drilling permits will be continued for six months while a presidential commission investigates, a White House aide said.

Controversial lease sales off the coast of Alaska will be delayed pending the results of the commission's investigation, and lease sales planned in the Western Gulf and off the coast of Virginia will be canceled, the aide said.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA