Tuesday, June 22, 2010

Law Catching Up with Obama: Judge Lifts Gulf Moratorium

The outrageous behavior of Barack Obama in arrogantly ignoring the law has started to catch up with him, the latest being the lifting of the six-month moratorium on on drilling in the Gulf of Mexico from the BP (NYSE:BP) oil spill.

Parameters of the moratorium were the stoppage of drilling in waters over 500 feet deep, allegedly in order to study how to improve the safey of offshore drilling, even though there had already been an immediate inspections which cleared the remaining oil rigs of any safety concerns, with only two having minor infractions.

New Orleans U.S. District Judge Martin Feldman gave this as his reasoning behind the decision:

“The court is unable to divine or fathom a relationship between the findings and the immense scope of the moratorium. The blanket moratorium, with no parameters, seems to assume that because one rig failed and although no one yet fully knows why, all companies and rigs drilling new wells over 500 feet also universally present an imminent danger.”

The Obama administration said it'll appeal the decision, causing even more hardship for businesses and workers in the Gulf region.

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