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New regulation likely for oil

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Oil company execs
From left to right, Lamar McKay, president and chairman of BP American; Steven Newman, president and CEO of Transocean Limited; and Tim Probert, chief health, safety and enviromental officer of Halliburton testify before the Senate Committee on Energy and Natural Resources, on Capitol Hill in Washington Tuesday, May 11, 2010.
Pablo Martinez Monsivais/ASSOCIATED PRESS