Obama suspends 33 exploratory drilling operations in Gulf

05/27/2010 | Wall Street Journal, The

President Barack Obama vowed to implement tighter policies for the oil industry and said he is postponing 33 Gulf of Mexico exploratory drilling activities and temporarily halting lease auctions in Virginia and in the Arctic. The president also said that while BP is liable for cleaning up the Gulf oil spill, the government "has been in charge of the response effort."

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