OPEC: US should reconsider offshore drilling ban
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OPEC called Monday on the United States to reconsider a ban on new deep-water drilling that could hold back oil supplies, despite safety concerns in the wake of the massive Gulf of Mexico oil spill.
Abdalla Salem El Badri, secretary-general of the 12-member Organization of the Petroleum Exporting Countries, says offshore drilling is an important source of oil and any ban would be too hasty when the cause of the Gulf of Mexico spill is still unclear. (AP)