Alaska and Virginia Offshore Lease Sales Are Set, Says Interior Secretary

Department of the Interior Secretary Ken Salazar holds a conference call with reporters Wednesday following President Barack Obama's announcement that his administration will lift a federal moratorium prohibiting oil and gas exploration off the East Coast and the eastern Gulf of Mexico. (0:38)
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Gulf Of Mexico Possesses Abundance Of Energy, Says Interior Secretary

Department of the Interior Secretary Ken Salazar says during a conference call with reporters on Wednesday that the eastern Gulf of Mexico contains two-thirds of the nation's accessible energy resources, yet drilling in that area is subject to congressional approval. (0:40)
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Offshore Leasing Decisions Will Be Made In Late 2011, Says Salazar

Department of the Interior Secretary Ken Salazar says Wednesday that the government must test areas of the Atlantic Ocean as well as the Gulf of Mexico before plans to lease the offshore sites to companies that would drill for oil and gas can be made. (0:32)
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