Oil drilling

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Oil drilling rigs (c. 1920)
Oil drilling rigs (c. 1920)

Oil drilling is the commercial activity of drilling for, and exploiting subterranean petroleum or hydrocarbon resources.

For decades there has been a federal moratorium on new offshore oil drilling for much of the continental United States. In September 2008, under pressure by high oil prices and the status of drilling as a Presidential campaign issue, Congress refrained from renewing the ban and allowed it to sunset.

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