October 13, 2010

A CORPORATIONIST, NOT A SOCIALIST:

Drilling freeze ended — but when will work resume? (MATTHEW DALY, 10/12/10, Associated Press)

The Obama administration, under heavy pressure from the oil industry and Gulf states and with elections nearing, lifted the moratorium that it imposed last April in the wake of the disastrous BP oil spill.

The ban had been scheduled to expire Nov. 30, but Interior Secretary Ken Salazar said Tuesday he was moving up the date because new rules imposed after the spill had reduced the risk of another catastrophic blowout. Industry leaders warily waited for details of those rules, saying the moratorium wouldn't be truly lifted until then.

Posted by Orrin Judd at October 13, 2010 6:15 AM
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