Interior Secy says lease sale shows interest in Gulf

WASHINGTON Wed Dec 14, 2011 12:24pm EST

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WASHINGTON (Reuters) - U.S. Interior Secretary Ken Salazar said on Wednesday that the results of the first offshore oil and gas lease sale held since the last year's BP oil spill demonstrate that industry is still interested in drilling in the Gulf of Mexico.

The lease sale, which wrapped up on Wednesday, received a total of $712 million in bids.

(Reporting By Ayesha Rascoe)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.