Following the Deepwater Horizon disaster, Barack Obama placed a hold on all offshore oil drilling that drilled deeper than 500 ft. That moratorium put many people out of work and jeopardized companies engaged in offshore drilling operations. Some filed a lawsuit. The case was assigned to federal judge Martin Feldman. On June 22, 2010 the judge issued an injunction lifting the moratorium. There is a major problem with that order. Judge Feldman reported in 2008 on some ten pages his investments, many of which in companies that engage in offshore drilling or related business. Among those companies is Halliburton, which caused the Horizon disaster by delivering a faulty cement job. He even owned stock — some 000 worth, in Transocean. Now, how can a judge not be influenced in deciding an offshore moratorium when he owns stock in companies that engage in offshore drilling?
New disclosure for judge who overruled drilling moratorium shows extensive oil-stock holdings
Martin Feldman, the U.S. District Court judge who issued an injunction against enforcement of Barack Obama’s proposed deep-water drilling moratorium this week, was heavily invested in the oil and gas industry last year, according to his 2009 financial disclosure. Read more on The Newsroom via Yahoo! News
BP Dead Pelicans Relief Wells Required at EVERY Underwater Drill Image by Infrogmation
Deepwater drilling moratorium ruling may be ready as soon as noon Tuesday
Federal judge calls issue a matter ‘of national significance’ Read more on New Orleans Times-Picayune
AT A GLANCE: US Looks To Issue New Deepwater Drilling Moratorium
AT A GLANCE: US Looks To Issue New Deepwater Drilling Moratorium Read more on FOX Business
Plane Sprays Dispersant Over Oil Spill Image by NWFblogs
Judge blocks Gulf offshore drilling moratorium
In a Tuesday, June 8, 2010 photo, a deepwater drilling rig operates near the site of the Deepwater Horizon disaster in the Gulf of Mexico. Read more on News Chief
Federal judge in New Orleans blocks Gulf offshore drilling moratorium
NEW ORLEANS (AP) A federal judge in New Orleans on Tuesday blocked a six-month moratorium on new deepwater drilling projects imposed in response to the massive Gulf oil spill. Read more on The Oshkosh Northwestern
Ruling on drilling moratorium expected
A federal judge says he will rule by Tuesday on Diamond Offshore Drilling’s request for an injunction halting enforcement of the six-month moratorium on deepwater drilling, the Times-Picayune of New Orleans reports. Deepwater drilling – New Orleans – Business – Diamond Offshore Drilling – The Times-Picayune Read more on MSNBC
Judge Blocks Drilling Moratorium; WH To Appeal
A federal judge in New Orleans blocks a six-month moratorium on new deepwater drilling projects imposed in response to the massive Gulf oil spill. Read more on KIFI Idaho Falls
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