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Louisiana warns of over-reaction to Gulf spill

Wed, 05/12/2010 - 5:25am
Reuters

NEW YORK (Reuters) - Any effort to limit off-shore drilling in the wake of the massive Gulf of Mexico oil spill would be a "gross over-reaction" that would further batter the Louisiana economy, the state's treasurer said on Friday.

"I think that it would be a gross over-reaction to stop drilling," State Treasurer John Kennedy told Reuters. "Do we need to learn from our mistakes? Certainly we do."

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