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Administration vows an immediate appeal
The Obama Administration’s six-month moratorium on deepwater oil drilling was blocked by a federal judge on Tuesday.
In New Orleans, U.S. District Judge Martin sided with companies who had opposed the moratorium, saying that it was the wrong course of action to assume just because of the Deepwater Horizon event that all deepwater rigs pose a serious danger.
33 deepwater sites would be affected by the moratorium; there are 3,600 total platforms in the Gulf of Mexico.
Most of the companies requesting the motion to overturn the moratorium were involved in supplying offshore rigs.
Source: Associated Press
Read More About President’s six month drilling ban overturned...
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