Federal judge blocks ban on new drilling

Federal judge blocks ban on new drilling

There are 1 comment on the HeraldTribune.com story from Jun 23, 2010, titled Federal judge blocks ban on new drilling. In it, HeraldTribune.com reports that:

A federal judge in New Orleans on Tuesday blocked a six-month moratorium on deep-water drilling projects that the Obama administration imposed after the massive oil spill in the Gulf of Mexico.

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“Freelance New Media Artist”

Since: May 07

Cleveland, OH

#1 Jun 23, 2010
Why the moratorium?

The rest of the story:

By siding with liberal Democrats who oppose off-shore drilling or even much safer drilling on the continent, Obama is costing the nation trillions in revenues and scores of thousands of new jobs.

Meanwhile, his pal and sponsor, George Soros will see his investment in Brazilís Petrobras turn a pretty profit when oil prices rise, as surely they will if U.S. resources are not tapped.

The American Petroleum Institute estimates that we have U.S. resources to generate nearly 160,000 new, well-paying jobs and $1.7 trillion in revenues to federal, state, and local governments, with $1.3 trillion from offshore drilling alone.

Sorosís Oil Spill Payoff:


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