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BP shares down, spill-related legal battles rage

Thu, 06/24/2010 - 7:27pm
Reuters

VENICE Louisiana (Reuters) - The Gulf of Mexico oil spill entered its 67th day on Friday with BP's New York share price at year lows and bad weather looming that could hamper clean-up and containment efforts.

The Obama administration was pursuing its legal options after a setback on Thursday when a judge refused to put on hold his decision lifting a ban on deepwater oil drilling imposed in response to the spill, the worst in U.S. history.

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