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Obama said to use 1953 law to block sale of new offshore drilling rights in much of U.S. Arctic, Atlantic

By Jennifer A. Dlouhy, Bloomberg December 19, 2016
996

WASHINGTON — President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic and parts of the Atlantic, a move that could indefinitely restrict oil production there, according to two people familiar with the decision.

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