The judge is obviously racist...
Good news.
More... Fox reporting that permits must be honored for off-shore drilling.
Where is this? I don’t see it on Fox’s website.
bump-watch
Great news!
Admin has already promised appeal.
mmm mmm mmm
Obama’s been put down!
The opinion must be available ... I think this is the right decision, in that a blanket moratorium by the executive is an action not contemplated under the relevant statutes; but the decision will be based only partly on that.
The Boy-King is having a crappy day....GOOD!
Political Risk, more common in third world financings, now appears to be a factor in the United States.
Separation of powers.
Big Oil strikes back, slam Obama’s drilling ban
By JANE WARDELL and JENNIFER QUINN (AP) – 1 hour ago
LONDON — Oil executives sent a strong challenge to Barack Obama on Tuesday, warning at a major oil conference that the American president’s ban on risky deepwater drilling would cripple world energy supplies.
As a BP executive standing in for embattled CEO Tony Hayward was heckled by protesters, other industry leaders used the gathering to rally around the British company, arguing that eliminating deepsea rigs in the wake of the Gulf of Mexico oil spill was unsustainable.
Obama slapped a six-month moratorium on deepwater drilling in the Gulf as part of his struggle to show that his administration is responding forcefully to the disaster. The decision halted the approval of any new permits for deepwater drilling and suspended drilling at 33 existing exploratory wells in the Gulf.
The ban, which is being contested in a U.S. court, reflects growing unease about oil companies seeking to drill farther out to sea and deeper than ever before. The process is expensive, risky and largely uncharted — but the industry argues it is also necessary in a world where land and shallow water oil supplies are running out.
If the deepwater drilling ban holds — and is adopted elsewhere — it could signal an industry seachange.
http://www.google.com/hostednews/ap/article/ALeqM5jenf0YH_ubjo8X94Vg6yqm00WjXwD9GGE5AO1
That ought to take him down a peg or two...............
Thank goodness.
but...but... but... he won! (the election)
good news!
what?
you mean Obama isn’t KING? and can proclaim what ever he wants to be done?!?
SHOCKING!
what a bother that whole due process thing is... /s