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New offshore oil moratorium not focused on depth

New offshore oil moratorium not focused on depth 12 Jul 2010 The Obama administration issued a new moratorium Monday on deep-water offshore drilling that no longer bans operators by the depth of water they're operating in and stresses new evidence of safety concerns, hoping the revised ban will pass muster with the courts after the initial one was rejected. The new ban does not appear to deviate much from the original moratorium, as it still targets deep-water drilling operators while defining them in a different way.