However, the decision will not necessarily stop drilling off of the Florida coast.
Unable to stop Canadian oil drilling and tar sand extraction programs, environmental groups are now trying to block any pipeline that is proposed out of the oil producing regions.
Environmentalists want offshore drilling to stop to protect oceans and beaches from further pollution.
But he added that the spill should not stop deep water oil drilling.
Whether or not the administration puts a temporary stop to deep-water drilling, we can only imagine what effect the added cost of higher premiums for drilling rig insurance and more sophisticated safety equipment is going to be in the months and years ahead.
Drilling under Plan A will stop this weekend once the drill bit reaches 1, 247 feet (380 meters), then the drill will receive scheduled maintenance before resuming early next week, engineer Rene Aguilar said.
One man who is calling for Congress to stop its partisan fighting and work together on offshore drilling is oil man T.
The moratorium would stop any new permits from being issued for deepwater drilling in federal waters for the time being, and halt exploration drilling at 33 sites (many of which have already begun shutting down their activities).
FORBES: An Injunction Against the Deepwater Drilling Moratorium
These companies are forced to keep drilling to meet production quotas long after they stop making money by doing so.
The crew of engineers assumed that I did not understand drilling and would interrupt the well constantly to stop to look at samples.
He said the resolution to stop discussion came after board meetings became forums for gas-drilling debate.
It had to stop the operation when the Obama administration invoked its moratorium on gulf drilling.
FORBES: Chevron And BP Reveal Big New Deepwater Finds In The Gulf Of Mexico
This is until the company finishes drilling a relief well later in the summer that is expected to stop the leak completely.
So we will continue to press BP and draw on our best minds and resources to capture the rest of the oil until the company finishes drilling a relief well later in the summer that is expected to stop the leak completely.
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