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Obama prepares to block drilling in Arctic, Atlantic -Bloomberg

December 20, 2016

U.S. 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, Bloomberg reported, citing two people familiar with the decision.

Obama’s move, which could come as soon as Tuesday, will give him the liberty to withdraw U.S. waters from future oil and gas leasing, Bloomberg said on Monday.

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