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New Regulation Aims to Prevent Explosions at Offshore Rigs
The New York Times: WASHINGTON — The Obama administration on Monday proposed a new regulation for offshore oil and gas rigs intended to improve equipment standards and well designs and avoid a catastrophic spill like the one in the Gulf of Mexico in 2010.
Sally Jewell, the interior secretary, said that the rule would help modernize oversight of the industry, and that it balanced business interests with environmental concerns. “I believe these regulations will enable us to both grow the economy and protect our resources,” she said on a conference call with reporters.
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