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Well number 3 at the site of the oil spill at the Deepwater Horizon drilling platform -- Photo by: Kerry Sanders/NBC NewsWire

In the latest of a spree of anti-regulatory repeals of Obama era legislation, President Donald Trump and his administration are preparing to roll back offshore drilling rules put in place after the Deepwater Horizon disaster, Bloomberg reports. The 2010 explosion of an oil drilling rig owned by British Petroleum (BP) in the Gulf of Mexico killed 11 workers and spilled millions of barrels of oil into the Gulf.

Back in April, Trump ordered Interior Secretary Ryan Zinke to review the safety rules signed into law by President Obama, which sought to curb accidents and pollution by oil and gas drillers operating in United States waters. Fast forward to the Department of the Interior, which includes the National Park Service as well as Fish and Wildlife, proposing on Thursday several changes to those regulations.

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