Obama moratorium on drilling is struck down
Tuesday, June 22, 2010 - 14:00
in Mathematics & Economics
A federal judge in Louisiana has struck down a deep-water drilling ban imposed by the Obama administration in the wake of the Deepwater Horizon disaster. The ruling came in a case brought by companies dependent on the oil industry in the Gulf Coast, and was supported by Louisiana Gov. Bobby Jindal. They contended that halting work on 33 drilling rigs had caused undue harm to the state's economy.