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U.S. Delays Decision On Oil Drilling In California Waters

Maritime Activity Reports, Inc.

June 25, 1999

The U.S. Interior Department's Minerals Management Service (MMS) will reportedly delay its decision on whether oil companies can drill for oil and natural gas off California's coast.
The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
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