Judge blocks Obama’s drilling ban
A US federal court judge in New Orleans has blocked President Barack Obama’s six-month moratorium on deep water oil drilling projects in the Gulf of Mexico.
The ban was imposed by the Obama administration in the wake of the massive oil spill in the Gulf, brought about by an explosion on BP’s Deepwater Horizon oil rig.
Commenting on his decision, judge Martin Feldman said: “An invalid agency decision to suspend drilling of wells in the depths over 500ft simply cannot justify the immeasurable effect on the plaintiffs, the local economy, the Gulf region and the critical present-day aspect of the availability of domestic energy in this country.”
However, the White House has said it would “appeal immediately” against the decision.
Robert Gibbs, the White House press secretary, said President Obama “strongly believes that continuing to drill at these depths without knowing what happened does not make any sense.”
Related news to Judge blocks Obama’s drilling ban
Previous: « Crude prices nearly unchanged ahead of inventories report
Next: Price of crude drops on US inventories data »
Visited 2945 times, 2 so far today