UK: No Need To Stop North Sea Offshore Drilling

LONDON — A major oil spill at a deepwater well in the North Sea would be more difficult to handle than the Gulf of Mexico disaster, but a moratorium on drilling isn’t necessary because Britain already has tough safety standards, lawmak…

LONDON — A major oil spill at a deepwater well in the North Sea would be more difficult to handle than the Gulf of Mexico disaster, but a moratorium on drilling isn’t necessary because Britain already has tough safety standards, lawmakers said Thursday.

Saying any ban on deepwater drilling would leave the U.K. too reliant on imported energy, a committee of lawmakers backed the government’s decision not to impose new restrictions on oil and gas rigs off the coast of Scotland.

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