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Continental shelf or what's called the ocs. today i issued a memorandum to lift the executive prohibition on oil exploration on the ocs. >> that was president george w. bush to lift the presidential ban on the oil drilling in the outer continental shelf. it was a presidential ban put in place by president bush's dad in 1990 after the big exxon valdez disaster in alaska. here is why bush the second said he was lifting the drilling ban of bush the first. >> many advances in technology have made it possible to conduct oil exploration in the ocs that is out of sight, protects coral reefs and habit...

Support, is there any way to make the industry innovate, i guess, make the industry concentrate on the safety field and develop in that regard, or should we expect them just to wait out the moratorium, expect political pressure from governors like haley barbour and bobby jindal without spending money on safety? >> i would call for the industry to take steps without government intervention, but i don't think it's going to happen. i think it's going to require a fairly strict regulatory regime to get the industry to redesign sea floor control before we go back to drilling in the deep water. >> b...

To make the industry -- to make the industry concentrate on the safety field and develop in that regard, or should we expect them to just wait out the moratorium and expect political pressure from governor like haley barbour and bobby jindal without spending money on safety? >> i would call for the industry to take steps without government intervention, but i don't think it's going to happen. this is a fairly strict regulatory regime to get the industry to redesign seafloor control before we go back to drilling in the deep water. >> bob cavnar is a 30-year veteran of the oil industry. thank yo...

>> you know, i think a lot of americans are surprised that here we are dealing with the biggest oil disaster in u.s. history, and yet we're relying on technology to clean it up that is 30, 40, 50 years old. has the technology to clean up a spill just simply not advanced, and, if not, why not? >> tom, i'm not the best expert on the technology, but i think events like this typically advance the technology by leaps and bounds. wire still relying on booms, skimmers, shovels, 40 careers after the extoc spill in the gulf of mexico. why don't you have giant vacuum sucking tubes? why don't you the mos...

Happened. here's a hint, governor. the well blew out 5,000 feet below sea level so they can't fix it it. oil companies don't know how to fix it when something goes on in really deep water it turns out, which is my maybe -- which is why they should have to figure that out before they keep drilling in really deep water. really need a study for this? this idea is really that mystifying to you? joining us now is bob cav nar, he's a 30-year veteran of the oil and gas industry. he headed up an einvestigation. thank you for joining us tonight. >> good evening. >> you started in the oil and gas indust...