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    Bush lifts executive ban on offshore drilling

    MarketWatch - 48 minutes ago
    By Laura Mandaro, MarketWatch SAN FRANCISCO

    President Bush said Monday afternoon he had ordered a reversal of an executive ban on oil and natural gas drilling in offshore US waters.

    "The executive branch's restrictions have been cleared away," said Bush in a news conference, which was broadcast. "Now the ball is squarely in Congress' court."

 
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