The conclusion comes months after the BP tragedy that claimed 11 lives and caused ecological devastation. The US President determined to end a moratorium he compulsory after the April spill almost two months previous to its due expiry on November 30.
Proclaiming the decision yesterday, US Interior Secretary Ken Salazar issued an upbeat statement that the policy position spoken by the White House was that "we are open for business".
US ecological groups had wanted the suspension to be extended, claiming the risk of another disaster remained high since companies had been cutting corners on regulations and the government was not scrutinizing their operation properly.
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