Difference between revisions of "Oil drilling"
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Revision as of 15:17, December 28, 2014
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.