The six month ban on deepwater drilling is coming under fire by oil companies. Oil executives are quick to point out that a ban could be a step back for energy security. Prices are also likely to increase if a ban is kept for an extended period of time. Currently, the ban is being challenged in U.S. courts.
To read a related Associated Press article on Yahoo! News, please click here:
http://news.yahoo.com/s/ap/20100622/ap_on_bi_ge/eu_britain_gulf_oil_spill
Jim Sutliff