Oil Executives Assail Drilling Moratorium ; Rig Owner Calls Ban Unnecessary.

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LONDON (AP) -- Oil industry executives today sharply criticized President Barack Obama's six-month ban on deep-water drilling, saying the world did not have enough other sources of oil to eliminate using deep-sea rigs.

The massive oil slick in the Gulf of Mexico and the moratorium imposed by Obama dominated discussions at the World National Oil Companies Congress in the British capital, and a BP executive standing in for embattled BP CEO Tony Hayward was heckled by protesters.

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Oil Executives Assail Drilling Moratorium ; Rig Owner Calls Ban Unnecessary.

Transocean Ltd. president and CEO Steven Newman, owner of the destroyed Deepwater Horizon rig that has spewed millions of gallons of oil in...

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