Offshore-Drilling Decision Makes Waves

The top executive of the American Petroleum Institute expressed surprise at the Obama administration's decision today to pull back its expanded offshore-drilling policy and disputed comments made by Interior Secretary Ken Salazar that indicated the oil and gas industry will be able to continue to develop offshore.
"The announcement today is one of great disappointment, frankly a surprise, a reversal of position based on where the president was in just March," API President and CEO Jack Gerard told National Journal shortly after the announcement. 
[Read more]
Source: The Atlantic