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Oil spill sparks Obama demand.

Europe Intelligence Wire

| May 01, 2010 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Nottingham Evening Post)

US President Barack Obama has directed that no new offshore oil drilling leases can be issued unless rigs have new safeguards to prevent a repeat of the explosion that unleashed the massive spill threatening the Gulf Coast with major environmental damage.

Mr Obama ordered Interior Secretary Ken Salazar to report within 30 days on what new technologies are needed to tighten safeguards against oil spills from deep water drilling rigs.

"We are making sure any leases going forward have those safeguards," said Mr Obama at a White House Rose Garden event.

The president sought to reassure the jittery Gulf Coast that …

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