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Obama Prohibits Future Oil Leases in Much of Arctic, Atlantic

President Barack Obama on Tuesday designated the bulk of U.S.-owned waters in the Arctic Ocean and certain areas in the Atlantic Ocean as indefinitely off limits to future oil and gas leasing. The move helps put some finishing touches on Obama's environmental legacy while also testing President-elect Donald Trump's promise to unleash the nation's untapped energy reserves. The White House announced the actions in conjunction with the government of Canadian Prime Minister...

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