Breaking: Judge overturns Obama drilling moratorium

CNBC is reporting that a federal judge has overturned the Obama Administration’s 6-month Gulf of Mexico drilling moratorium.

It’s a major political blow to Obama – who has seemed to suffer many of those lately – and a big win for the Gulf states whose economies were likely to be at least as damaged by the moratorium as by the spill itself.

More details later…

  • James
    Comment from: James
    06/22/10 @ 02:08:02 pm

    A little common sense has broken lose.

  • Airbus
    Comment from: Airbus
    06/22/10 @ 07:47:25 pm

    Ken Salazar just announced he will issue a new no drill order tomorrow.

  • eodsix
    Comment from: eodsix
    06/22/10 @ 10:44:16 pm

    I wonder if any other nations have seen fit to restrict deep water drilling in response to this disaster? My guess would be no, which makes me wonder if Obama has other motives for imposing such a draconian regulation.

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