Saturday, 12 September 2009
Four years after buying back oil lease, state considers allowing drilling
Posted on 05:32 by Unknown
In 2005, Gov. Jeb Bush and members of the Cabinet proclaimed victory for Florida when they agreed to pay Coastal Petroleum Co. $12.5 million not to abandon its leases for drilling oil off the Gulf of Mexico.With Florida leaders now deciding whether to debate reopening state waters to drilling, some who were involved in the Coastal Petroleum issue say there are lessons from that dispute four years
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