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Exxonmobil Planning Massive Offshore Drilling Operation

By: Big 2 News Staff
Updated: January 18, 2013
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ExxonMobil has big plans for offshore drilling.

The company is spending 14 billion dollars to drill one of the biggest oil fields in the North Atlantic.

The site is 200 miles southeast of Newfoundland, Canada, close to where the Titanic sank.

Exxon's new Canadian fields are reviving calls for the United States to allow drilling off the Atlantic Coast.

Come experts say that would be a mistake and are concerned with safety and spills.

Others say the benefits of more jobs and more domestic energy far outweigh the risks.

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