Drill, Baby, Drill: Obama Opens Up Offshore Drilling and Exploration

In a move that angered environmentalists, President Obama today said he is lifting bans on offshore drilling and oil and gas exploration off the Virginia coast, and is expanding lease sales for oil and gas exploration on the Atlantic seaboard. "This is not a decision that I've made lightly," Obama said at Andrews Air Force base today. "But the bottom line is this: Given our energy needs, in order to sustain economic growth, produce jobs and keep our businesses competitive, we're going to need...Full Story
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