Obama Bars Atlantic Offshore Oil Drilling in Policy Reversal

  • Coastal, military concerns cited in Obama about-face
  • Oil, gas leases may still be sold for Arctic, Gulf of Mexico

An oil platform stands in deep water off the Brazilian coast.

Photographer: Rich Press/Bloomberg

The Obama administration is reversing course on opening Atlantic waters to a new generation of oil and gas drilling, after a revolt by environmentalists and coastal communities that said the activity threatened marine life, fishing and tourism along the U.S. East Coast.

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