A federal judge in New Orleans has lifted the Obama Administration’s six month moratorium on offshore oil drilling. U.S. District Judge Martin Feldman said in his ruling that the Interior Department failed to provide adequate reasoning for the moratorium: A New Orleans federal judge lifted the six-month moratorium on deepwater drilling imposed by President Barack […]
Offshore Oil Drilling
Pres. Obama Backs Offshore Drilling… Just Not in U.S. Waters
I was going to comment on this Wall Street Journal editorial yesterday but I didn’t get to it… In short the Obama Administration has finally embraced offshore oil drill, unfortunately it’s not in the U.S.: You read that headline correctly. Unfortunately, the Obama Administration is financing oil exploration off Brazil. The U.S. is going to […]