Obama extends stop on deepwater wells
President Barack Obama is expected to announce Thursday that a moratorium on new deepwater oil drilling permits will be continued for six months while a presidential commission investigates.
Controversial lease sales off the coast of Alaska will be delayed pending the results of the commission's investigation, and lease sales planned in the Western Gulf and off the coast of
Virginia will be canceled.
Those steps, along with new oversight and safety standards, are the results of a 30-day safety review of offshore drilling conducted by Interior Secretary Ken Salazar at Obama's direction.
White House aides say Salazar briefed Obama on its conclusions Wednesday night in the Oval Office.