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Federal Judge Rules Against Drilling Ban

Ian Scott on Tuesday, June 22, 2010 at 6:17:54 pm

A federal judge in the US District Court in New Orleans has overturned the Obama administration's moratorium on offshore drilling.  In his ruling Judge Feldman wrote:

''What seems clear is that the federal government has been pressed by what happened on the Deepwater Horizon into an otherwise sweeping confirmation that all Gulf deepwater drilling activities put us all in a universal threat of irreparable harm.''

While legal wrangling over this issue is not over (the White House has already promised an appeal), the ruling will come as welcomed news to many chambers in Louisiana.  A dozen chambers have signed on with other business and government groups in the state to form the Gulf Economic Survial Team (GEST).  The group's initial primary focus is to oppose the moratorium which, economic studies indicate, will kill thousands of well paying jobs in communities across the state.

Click here to read more about the ruling.

Click to learn more about the Gulf Economic Survival Team (GEST). 

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