President Barack Obama Approves Ban on New Offshore Oil Drilling until Spill Investigation is Complete

U.S. President Barack Obama has approved a move to ban any new offshore oil drilling until an investigation into what caused the recent oil spill in the Gulf of Mexico that threatens to destroy U.S. coastal areas and wildlife.

Florida, Louisiana, Mississippi, Alabama and Texas are all facing potentially devastating effects from last week’s explosion on the Deepwater Horizon rig. That explosion eventually sank the rig and has led to as many as 5,000 barrels of oil a day spilling into the Gulf waters and heading to the shores.

Environmental experts have already said the oil spill will eclipse the 1989 Exxon Valdez disaster off the Alaska coast. That spilt 11 million gallons into the water and destroyed a large portion of the wildlife in the area. At its current pace the Deepwater Horizon oil spill will eclipse the damage of the Exxon Valdez in 50 days.

There has been no official word on what caused the explosion on the Deepwater Horizon and White House officials have demanded that answer be provided. Until a full report on the cause is known the White House will back a drill ban in any new areas offshore.

The ban comes just one month after President Obama eased a moratorium on new offshore drilling, saying oil exploration was an important aspect of the U.S. economy.

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