U.S. Ban On New Arctic Drilling Gives Canada Leg Up, Lawmakers Say

OTTAWA, Dec 21 (Reuters) - U.S. lawmakers on Wednesday slammed an agreement made with Canada to ban offshore Arctic drilling, saying Ottawa's plan to review its ban every five years gives Canada a leg up on energy exploration. U.S. President Barack Obama on Tuesday announced a ban on new oil and gas drilling federal waters in the Atlantic and Arctic Oceans, while Canada … [Read more...]