WASHINGTON — The Obama administration on Tuesday lifted the moratorium on deepwater exploratory oil drilling in the Gulf of Mexico — provided companies follow new safety rules.
"Operators who play by the rules and clear the higher bar can be allowed to resume", Interior Secretary Ken Salazar said at a news conference.
"The oil and gas industry will be operating under tighter rules, stronger oversight, and in a regulatory environment that will remain dynamic as we continue to build on the reforms we have already implemented," he added.
Rolling Stone writer, activist, fop and world-renowned bitch, Matt Taibbi, was unavailable for comment, refusing to come out from the bathroom he had locked himself in upon hearing the news earlier this morning.
MSNBC