Mourning the Moratorium
The 6-month moratorium on deepwater offshore drilling was blocked on Tuesday, allowing many offshore rigs to continue production. It also allows for new deepwater contracts for offshore drilling in the Gulf.
U.S. District Judge Martin Feldman decided that a problem with one oil rig does not mean there are problems in all of them, so the moritorium was blocked.
Judge Martin Feldman’s words, according to The Huffington Post: “If some drilling equipment parts are flawed, is it rational to say all are? Are all airplanes a danger because one was? All oil tankers like Exxon Valdez? All trains? All… Continue reading