Thursday, February 05, 2009

Obama Admin Cancels UT Oil and Gas Leases

I'm sure this is just part of Obama's plan to help make the US more energy self-sufficient.

WASHINGTON (Reuters) - The U.S. Interior Department on Wednesday canceled leases held by energy companies for oil and natural gas drilling on 130,000 acres of federal lands in Utah.

"I have directed (the department's) Bureau of Land Management not to accept the bids," Interior Secretary Ken Salazar told reporters on a conference call.

Link.

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