OBAMA: NO OFFSHORE DRILLING OFF NEW JERSEY COAST

225px-Official_portrait_of_Barack_ObamaPresident Barack Obama announced on Wednesday that there will be no drilling for oil off the East Coast of the United States, including the state of New Jersey.  The announcement was made today by the White House and is a complete reversal of policy by the Obama administration.  The announcement today involves a seven year moratorium on any offshore drilling along our coastline.  Senator Robert Menendez of New Jersey hailed the decision not to drill anywhere near the Jersey Shore.

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