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Obama to permit oil exploration off Virginia

By Steve Holland | China Daily | Updated: 2010-04-01 07:49

First offshore lease sale in 20 years

WASHINGTON - President Barack Obama is to announce on Wednesday a plan to permit exploration for oil and natural gas off the coast of Virginia as a way to create jobs and reduce US dependence on foreign oil.

Obama, who wants Congress to move a stalled climate change bill, has sought to reach out to Republicans by signaling he is open to allowing offshore drilling, providing coastlines are protected.

Obama to permit oil exploration off Virginia

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