Tuesday, June 22, 2010

Follow the Money

Obama Will Appeal Judge's Ruling Against Drilling Moratorium
The Obama administration will appeal a ruling from a New Orleans' federal courthouse that its six-month moratorium on deep-water drilling is illegal.

"We will immediately appeal to the 5th circuit the president strongly believes as the Department of Interior and the Department of Justice argued yesterday that continuing to drill at these depths without knowing what happened does not make any sense and... potentially puts the safety of those on the rigs and the environment in the Gulf at a danger that the president does not believe we can afford right now," said spokesman Robert Gibbs during Tuesday's briefing.

The comment from Gibbs came just moments after a U.S. District Judge Martin Feldman ordered an end to the temporary halt in drilling, which had been put in place by the Obama administration order to conduct safety checks on other wells in the Gulf.
Why in spite of the biggest environmental disaster threatening Earth? Maybe because...
Judge Who Lifted Moratorium Tied To Offshore Drilling Companies
The federal judge who lifted Obama's six-month drilling moratorium had interests in Transocean and a number of other offshore energy companies, according to financial disclosure forms from 2008.

Martin Feldman, a U.S. District Court Judge for the Eastern District of Louisiana, held energy stocks in Transocean and Halliburton, as well as two of BP's largest U.S. private shareholders -- BlackRock and JP Morgan Chase. The law Feldman overturned would have halted the approval of any new permits and suspended deepwater drilling at 33 existing exploratory wells in the Gulf, four of which are BP rigs.
Guess he never heard of recusing himself.

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