President Obama’s pledge last week to open huge areas for offshore drilling does more than expand potential oil and gas production. It creates an opportunity to pressure oil companies to pay billions of dollars for past deep-water oil production if they want to drill in the new areas.Read the full article at the Boston Globe's website.
April 13, 2010
Obama’s offshore oil drilling plan spurs push for billions in royalties
Labels:
Offshore Drilling,
Oil
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