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<title>Obama Administration Moratorium on Oil Drilling Hurts Consumers, Report Says</title>
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<description>(CNSNews.com) &#x26;#x2013; Although the Obama administration officially lifted the six-month ban on offshore drilling in the Gulf of Mexico in October 2010, a new report finds that the &#x26;#x201C;de facto&#x26;#x201D; moratorium still in place is harming American consumers and the budgets of local and state governments. Since October, the Department of the Interior has approved only a handful of deepwater drilling permits in the wake of last year&#x26;#x2019;s BP well explosion and subsequent oil spill in the Gulf of Mexico. The report, issued by the National Center for Policy Analysis (NCPA), said increasing offshore drilling production could add nearly $5...</description>
<author>.cnsnews.com</author>
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<pubDate>Thu, 28 Apr 2011 11:43:56 GMT</pubDate>
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