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Diaz-Balart: Discovery of Sizable Gulf Oil Deposits Highlights Need for Permanent Drilling Ban

Date: Sept. 5, 2006
Location: Washington, DC
Issues: Oil and Gas


Diaz-Balart: Discovery of Sizable Gulf Oil Deposits Highlights Need for Permanent Drilling Ban

WASHINGTON—Congressman Mario Diaz-Balart (R-FL) today issued the following statement regarding the discovery of rich oil reserves in the Gulf of Mexico.

"These new discoveries of oil deposits in the Gulf only add to the pressure to drill and again highlights why we need a permanent drilling ban around the state of Florida," Diaz-Balart said. "We need to continue to work to get the drilling ban done this year."

According to a front page Wall Street Journal article today, "The oil industry is on the verge of cracking open a deep-water region in the Gulf of Mexico that could become the nation's biggest new domestic source of oil since the discovery of Alaska's North Slope more than a generation ago."

http://www.house.gov/mariodiaz-balart/news/2006news/090506_gulfoil.htm

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