Tuesday, June 22, 2010

Not surprising

As expected, the U.S. District Judge in the Eastern District of Louisiana struck down the Obama administration measley six-month moratorium on NEW deepwater drilling:
A federal judge struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico on Tuesday, saying the government rashly concluded that because one rig failed, the others are in immediate danger, too.
Yeah, go figure. How "rash"! Also not surprising is this:
Feldman's financial disclosure report for 2008, the most recent available, shows holdings in at least eight petroleum companies or companies that invest in them, including Transocean Ltd., which owned the Deepwater Horizon. The report shows that most of his holdings were valued at less than $15,000, though it did not provide specific amounts.


Mike Thomas said...

It should also be noted that Feldman is, of course, a Reagan appointee.

AnnPW said...

I know - I sort of thought that went without saying....