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U.S. Waters May Have Up to 115 Billion Barrels of Oil


(Bloomberg) — The U.S. may have as many as 115 billion barrels of

The assessment is part of a U.S. effort to reduce dependence on imported energy and respond to climate change brought on carbon emissions. The Obama administration is working to get an increasing share of electricity from coastal renewable resources, Interior Secretary Ken Salazar said today.



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