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Wednesday, June 23, 2010

Drilling Moratorium to Return.

It seems to me, that if the oil spill rescue plans for all of the deep-water offshore wells is the same - and we KNOW that the plans do not work - then there should be ample reason to delay such wells pending further review.  Yesterday, a federal judge disagreed, but it is not over yet. (By the way, the judge owns stock in Transocean, the drilling company at the BP rig.)

Well, if at first you don't succeed, try again: Hours after a New Orleans judge struck down the Obama administration's moratorium on off-shore drilling, Interior Secretary Ken Salazar announced that he will issue a new order reinstating the temporary ban. Salazar said in a statement that the new order will make clear why a six-month moratorium is essential and include additional evidence that safety conditions are inadequate in deepwater wells. "Based on this ever-growing evidence," he said, "I will issue a new order in the coming days that eliminates any doubt that a moratorium is needed, appropriate, and within our authorities." Earlier Tuesday, federal judge Martin Feldman said the Interior Department failed to justify the moratorium and that the failure of one rig does not mean all rigs are dangerous. The White House plans to appeal the ruling.

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