Deepwater Drilling Moratorium: Administration BACKING DOWN From Full Ban
(Reuters) - The U.S. government will revise its restrictions on offshore drilling, which could allow some deepwater oil projects to go forward after a court threw out the Obama administration's blanket drilling ban, a senior official said on Wednesday.








First Posted: 08/23/10 06:12 AM ET Updated: 05/25/11 05:50 PM ET