Gulf Oil Spill
4:21 pm
Tue October 12, 2010

Deepwater Drilling Moratorium Lifted

New Orleans, La. – Interior Secretary Ken Salazar says oil companies have been kept informed of new drilling requirements as they developed. A ban was imposed shortly after the Deepwater Horizon explosion in April triggered a massive spill from BP's well.

"These deepwater rigs will have a very clear understanding of what is expected of them. So I expect we will see a resumption of deepwater drilling very soon."

Permits are controlled by the Bureau of Ocean Energy Management. Director Michael Bromwich says drilling could resume within months.
For WWNO, I'm Eileen Fleming.