BP last week was awarded its first drilling permit since last year's Deepwater Horizon catastrophe that eventually leaked an estimated 4.9 million barrels of crude into the Gulf of Mexico. The permit allows for drilling in the Kaskida prospect, a huge area nearly 250 miles south of Lafayette, La. It will be in 6,000 feet of water—deeper than the ill-fated Macondo well whose blowout triggered last year's spill.
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